Apple Third Quarter Beats Estimates

Apple set more records with their fiscal report for the June quarter. They posted revenue of $81.4 billion and net quarterly profit of $21.7 billion compared to $59.7 billion and $11.25 billion last year. Analysts only expected $73.3 billion in revenue.

Every part of Apple experienced growth: Macs, iPhones, services, wearables. However, some guidance was given that the next quarter will continue to see supply constraints.