Apple forecasts strong third-quarter revenue growth

11 articles · Updated · Bloomberg · May 1

The company said June-quarter sales will rise 14% to 17%, far above analysts' average 9.1% estimate, sending shares up nearly 4% in late trading.
Apple beat sales estimates as strong iPhone and Mac demand lifted revenue, but it warned memory-chip costs will increase.
The company also said Mac computer shortages will persist for several months, tempering an otherwise upbeat outlook.

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