Apple lost $6 billion in Q4 due to a chip shortage and manufacturing delays
Apple's fourth fiscal quarter earnings were strong, with all-time highs for its services and Mac divisions. The company reported revenue of $83.4 billion, up 29 percent year over year, and earnings per share of $1.24. The company's earnings fell short of Wall Street's expectations of $84.85 billion. Supply chain constraints, according to CEO Tim Cook, had a significant impact on financial results this quarter. "We had a very strong performance despite larger-than-expected supply constraints, which we estimate to be around $6...