Apple will shatter its holiday quarter earnings record despite supply issues, analyst says

Investment bank JP Morgan expects Apple to beat Wall Street’s consensus when it reports revenue, and break its holiday quarter records, despite a hit from supply chain constraints.Apple’s iPhone 13 lineupIn a note to investors seen by AppleInsider, JP Morgan lead analyst Samik Chatterjee outlined his predictions for Apple’s Q1 2022, which corresponds to the fourth calendar quarter of 2021. Despite Apple not giving guidance on the quarter at all, Chatterjee expects Apple to beat Wall Street’s expectations for the quarter, and shatter all of the company’s records in the process. Read more…
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