During its conference with investors, Apple reported solid earnings corresponding to the fourth fiscal quarter of 2021. Within its report, the company mentioned that it recorded revenues of 83.4 billion dollars, which represented a year-on-year increase of 29%. However, it also estimated losses of $ 6 billion due to chip shortages.
Wall Street’s expectations for this quarter is that the income Apple’s $ 84.85 billion.
Apple says chip shortage will continue to lead to losses
Apple CEO Tim Cook mentioned that the company performed well despite chip shortages, which I estimate represented a loss of revenue of $ 6 billion.
Likewise, the Apple CEO announced that this loss of income could be greater in the first fiscal quarter of 2022, that is, the last quarter of 2021, which is always the strongest in sales for the company due to the Christmas season.
Mac and Services: what is growing the most
Although iPhones continue to be the division that generated the most revenue for the company with a representation of 46.6%, the services division continues to demonstrate that it is one of the strong arms at Apple.
Services is the second strongest division and accounted for 22% of revenues this quarter, while in third position is Mac with 11%.
However, Apple stressed that the last 5 quarters of the Mac have been the best in its history, and everything indicates that it will continue this path with the arrival of the M1 Pro and M1 Max. On the other hand, it is expected that next year the M2 chip will be presented for the MacBook Air.
Apple’s net margin this last quarter was $ 20.551 million, which represented 24.6% of revenues.