By now, Apple’s streak of record-breaking quarters is something that we’re starting to take for granted, as it has continued to report sales and revenue often beyond most analysts’ wildest expectations.
What’s even more impressive is that it continued to break records year after year amidst a global pandemic. Over the past 18 months, it has seen almost all of its retail stores worldwide and the global electronics supply chain experience component shortages, which are hampering the supply of everything from PCs to cars.
Yet, on the surface, it appears that Apple has managed to weather this storm largely unscathed, turning in record-breaking profits for each of the quarters throughout 2020 and now all the way through 2021 as well.
Of course, it’s not all sunshine and rainbows. Apple still has more than a few challenges ahead of it, but it has clearly proven that it is more than capable of adapting and overcoming them. Read on for 7 Interesting Takeaways from Its Q4 2021 Earnings Call