Apple said third-quarter sales are expected to rise 14% to 17%, signaling strong revenue momentum. The company also warned that memory-chip costs will increase and that Mac shortages will persist for several months, tempering the outlook with supply-chain pressure. Overall, the guidance is positive for demand but partially offset by higher input costs and product availability constraints.
Apple said third-quarter sales are expected to rise 14% to 17%, signaling strong revenue momentum. The company also warned that memory-chip costs will increase and that Mac shortages will persist for several months, tempering the outlook with supply-chain pressure. Overall, the guidance is positive for demand but partially offset by higher input costs and product availability constraints.
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mildly positive
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0.35
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