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Euronews
Euronews
Doloresz Katanich

Apple shares fall despite record revenue as outlook disappoints

Apple beat market expectations with its latest quarterly results on Thursday, thanks to strong sales of iPhones and Mac computers, capping Tim Cook's final earnings report as CEO.

However, investors focused on Apple’s weaker-than-expected outlook and warnings about supply constraints. The company forecast revenue growth of between 9% and 11% in the current quarter, below analysts’ expectations of around 12%.

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