[CNBC Television] Here’s what to expect from Amazon, Apple earnings

🎯 Загружено автоматически через бота: 🚫 Оригинал видео: 📺 Данное видео принадлежит каналу «CNBC Television» (@CNBCtelevision). Оно представлено в нашем сообществе исключительно в информационных, научных, образовательных или культурных целях. Наше сообщество не утверждает никаких прав на данное видео. Пожалуйста, поддержите автора, посетив его оригинальный канал. ✉️ Если у вас есть претензии к авторским правам на данное видео, пожалуйста, свяжитесь с нами по почте support@, и мы немедленно удалим его. 📃 Оригинальное описание: Josh Brown, Steve Weiss and Jon Najarian join the ’Halftime Report’ with their preview of Amazon and Apple’s earnings. For access to live and exclusive video from CNBC subscribe to CNBC PRO: Apple revenue fell short of Wall Street expectations in its fiscal fourth quarter on Thursday, which Apple CEO Tim Cook attributed to larger-than-expected supply constraints on iPhones, iPads, and Macs. Apple fell over 4% at one point in extended trading. “We had a very strong performance despite larger than expected supply constraints, which we estimate to be around $6 billion,” Cook told CNBC’s Josh Lipton. “The supply constraints were driven by the industry wide chip shortages that have been talked about a lot, and COVID-related manufacturing disruptions in Southeast Asia.” However, Apple’s overall revenue was still up 29% and each of its product categories grew on an annual basis. Here’s how Apple did versus Refinitiv consensus estimates: EPS: $ vs. $ estimated Revenue: $ billion vs. $ billion estimated, up 29% year-over-year iPhone revenue: $ billion vs. $ billion estimated, up 47% year-over-year Services revenue: $ billion vs. $ billion estimated, up 25.6% year-over-year Other Products revenue: $ billion vs. $ billion estimated, up 11.5% year-over-year Mac revenue: $ billion vs. $ billion estimated, up 1.6% year-over-year iPad revenue: $ billion vs. $ billion estimated, up 21.4% year-over-year Gross margin: 42.2% vs. 42.0% estimated iPhone sales were up 47% year-over-year, but still came in under Wall Street estimates. Apple hasn’t provided official guidance since the start of the pandemic, but Cook said Apple expects “solid year-over-year revenue growth” in the December quarter despite the fact Cook said Apple will face worse supply constraints in the current quarter. “So we’ve finished about a month of the quarter. The Covid related manufacturing disruptions have improved greatly. The chip shortages linger on,” Cook said. Cook said that the supply issues were with chips on “legacy nodes,” or older chips, instead of the technologically advanced processors at the heart of Apple’s devices. The expectation of year-over-year sales growth suggests that Apple sees significantly more demand for its new iPhone 13 models than it can supply. Apple’s fourth quarter only included a few days of iPhone 13 sales as it ended on Sept. 25. » Subscribe to CNBC TV: » Subscribe to CNBC: » Subscribe to CNBC Classic: Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. The News with Shepard Smith is CNBC’s daily news podcast providing deep, non-partisan coverage and perspective on the day’s most important stories. Available to listen by 8:30pm ET / 5:30pm PT daily beginning September 30: Connect with CNBC News Online Get the latest news: Follow CNBC on LinkedIn: Follow CNBC News on Facebook: Follow CNBC News on Twitter: Follow CNBC News on Instagram: #CNBC #CNBCTV