Apple said it faced a difficult December quarter as it confronts “significant” foreign exchange headwinds and supply challenges for its latest iPhone models.
“Overall, we believe total company year-over-year revenue performance will decelerate during the December quarter as compared to the September quarter,” finance chief Luca Maestri said during an earnings call on Thursday.
The cautious outlook came as Apple reported $90.1bn in revenues during the September quarter, an 8 per cent increase year-on-year. That beat forecasts of $88.9bn and compared with $83.4bn a year ago, according to Refinitiv.
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