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Apple warns of serious supply headwinds in China - Varient - News Magazine

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Apple warns of serious supply headwinds in China

Apple topped Wall Street's estimates in its latest quarter and reported one of the strongest three-month periods in its history on Thursday thanks to record revenues for its services business and strong iPhone sales. However, the company warned that new Covid-related restrictions in China could hurt the current quarter.

Apr 28, 2022 - 22:30

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Apple warns of serious supply headwinds in China

Apple topped Wall Street's estimates in its latest quarter and reported one of the strongest three-month periods in its history on Thursday thanks to record revenues for its services business and strong iPhone sales. However, the company warned that new Covid-related restrictions in China could hurt the current quarter.