iPhone drives quarterly sales to $111B: ‘Demand was through the roof’

Apple Projects Strong Sales Despite Chip Constraints On Thursday, Apple announced better-than-expected sales forecasts, prompting a more than 3% rise in its stock, even as the company acknowledged ongoing issues with chip supply. Apple’s executives anticipate revenue growth between 14% and 17% for the third quarter of the current fiscal year, surpassing Wall Street’s expectations […]