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Three months ago, Apple’s chief executive Tim Cook blamed “supply constraints” and a crisis in obtaining high-end chips to build devices for a $6bn revenue hit. And yet, the iPhone maker’s rapid growth has continued unabated. Earlier this month, it became the first company to achieve a market capitalisation of $3tn — a landmark moment, even if Apple’s shares have dropped back since.
As the Silicon Valley giant prepares to report its latest earnings statement on Thursday, Apple is again expected to deliver its biggest quarterly revenues and profit.
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