{"id":79789,"date":"2021-10-29T00:41:06","date_gmt":"2021-10-29T04:41:06","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=79789"},"modified":"2021-10-29T00:21:26","modified_gmt":"2021-10-29T04:21:26","slug":"apple-sales-miss-expectations-tim-cook-says-supply-issues-cost-company-6-billion","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2021\/apple-sales-miss-expectations-tim-cook-says-supply-issues-cost-company-6-billion.html","title":{"rendered":"Apple sales miss expectations, Tim Cook says supply issues cost company $6 billion"},"content":{"rendered":"\n<p>(CNBC) <a rel=\"noreferrer noopener\" href=\"https:\/\/www.cnbc.com\/quotes\/AAPL\" target=\"_blank\">Apple<\/a>\u00a0revenue fell short of Wall Street expectations in its fiscal fourth quarter on Thursday,\u00a0which Apple CEO Tim Cook attributed to larger-than-expected supply constraints\u00a0on iPhones, iPads, and Macs.\u00a0\u00a0 Apple fell under 3% in extended trading. \u201cWe had a very strong performance despite larger than expected supply constraints, which we estimate to be around $6 billion,<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2021\/10\/28\/apple-aapl-q4-2021-earnings.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Apple\u00a0revenue fell short of Wall Street expectations in its fiscal fourth quarter on Thursday,\u00a0which Apple CEO Tim Cook attributed to larger-than-expected supply constraints\u00a0on iPhones, iPads, and Macs.\u00a0\u00a0 Apple fell under 3% in extended trading. \u201cWe had a very strong [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-79789","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/79789","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=79789"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/79789\/revisions"}],"predecessor-version":[{"id":79790,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/79789\/revisions\/79790"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=79789"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=79789"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=79789"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}