Apples Shines Amid Challenging Backdrop

Apple (AAPL) reported excellent 1Q22 results to wrap its CY21.  Revenues, profit margins, and EPS all exceeded estimates.  Guidance for the March 2022 quarter was also better than expected.  Importantly, these results were achieved without much improvement in the supply chain issues that the company is facing.  Revenue was held back by the $6 billion […]