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CHIP SHORTAGE CAPS IPHONE SALES DESPITE STRONG DEMAND

Apple CEO Tim Cook attributed iPhone sales that slightly missed Q2 estimates to chip supply constraints, stating that underlying demand remained exceptionally strong.

1 SOURCEFIRST SEEN APR 30, 08:55 PM► READ THE ARTICLE

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Tim Cook says iPhone sales, which slightly missed Q2 estimates, were held back by chip supply constraints, as "demand was off the charts" (Reuters)

Reuters: Tim Cook says iPhone sales, which slightly missed Q2 estimates, were held back by chip supply constraints, as “…

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