Apple posted 36% growth in revenue in the June quarter to $81.4 billion, driven by 49% increase in iPhone sales and 36% growth in its services business. Net income surged 94% to $21.7 billion. But the company warned that the September quarter’s growth would slow, in part due to “supply constraints” on both iPhones and iPads, a sign that the chip shortage is affecting Apple. Apple CFO Luca...
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The Briefing Apple Entertainment
Apple’s Mac Renaissance
For a company as routinely successful as Apple, continued success can get repetitive. Tonight’s earnings call, for instance, was so full of the usual hyperbole about record revenues that Chief Financial Officer Luca Maestri repeated a segment of his commentary without missing a beat. But within the eye-glazing recitations of Apple’s various records—and, for the TV service, its award nominations...
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