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Chip bottlenecks and corona failures cost Apple billions

2021-10-28T22:14:17.891Z


The iPhone manufacturer Apple has presented its figures for the third quarter and disappointed the expectations of the analysts.


The iPhone manufacturer Apple has presented its figures for the third quarter and disappointed the expectations of the analysts.

Cupertino - The global chip shortage caught up with Apple in the past quarter.

Despite significant growth, the iPhone group missed even more optimistic forecasts from analysts.

The bottlenecks in the supply chain and Corona failures in production would have pushed business by around six billion dollars, CEO Tim Cook told CNBC.

The share fell in after-hours trading on Thursday at times by four percent.

Apple still increased quarterly sales year-on-year despite the headwind by 29 percent to around 83.4 billion dollars (71.4 billion euros).

Analysts had expected around 1.5 billion more.

IPhone sales jumped 47 percent to $ 38.9 billion.

But on the market an even better value of 41.6 billion dollars was expected.

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Zeiss on course for growth despite corona pandemic

The optics group Carl Zeiss is expecting an operating result of a little more than one billion euros for the past fiscal year 2020/21 (September 30), despite the corona pandemic.

As announced by the Zeiss Group in Oberkochen, earnings before interest and taxes (EBIT) will reach a new high.

In the 2019/20 financial year, EBIT was 922 million euros.

Zeiss on course for growth despite corona pandemic

Zeiss on course for growth despite corona pandemic

The optics group Carl Zeiss is expecting an operating result of a little more than one billion euros for the past fiscal year 2020/21 (September 30), despite the corona pandemic.

As announced by the Zeiss Group in Oberkochen, earnings before interest and taxes (EBIT) will reach a new high.

In the 2019/20 financial year, EBIT was 922 million euros.

Zeiss on course for growth despite corona pandemic

Autumn recovery: Unemployment falls significantly

More new jobs, fewer unemployed - this is the good labor market record for September.

Lower Saxony and Bremen even stand out positively from the national trend.

Young people in particular benefit.

Autumn recovery: Unemployment falls significantly

At the same time, Apple was able to grow in all product lines.

Net income for the fourth fiscal quarter ended September rose 62 percent to $ 20.5 billion.

dpa

Source: merkur

All news articles on 2021-10-28

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