Apple Forecasts Record Q2 2022 Despite Continued Supply Constraints And Covid 19 Uncertainty
Apple just reported record earnings for Q1 2022, and it’s already looking ahead to another quarter of growth for Q2 2022. While the company is not providing specific guidance for the quarter due to uncertainties caused by the COVID-19 pandemic and supply constraints, CFO Luca Maestri says the company expects revenue growth to be “solid on a year-over-year basis.” Speaking during Apple’s earnings call with investors and analysts today, Maestri said that Apple is forecasting a March quarter revenue record despite “significant” supply constraints continuing into the quarter....