Apple Delivers Strong Forecast in Sign It’s Weathering Shortages

Apple just reported and it's a beat, but not a blowout. Revenue $111 billion. EPS $21.Services record. China strong. iPhone was in line, not a big upside driver.Mac and iPad came in ahead of estimates with Mac demand stronger than expected, but held back by supply. Apple's also gaining share. New products like the 599 MacBook Neo and updated iPad Air are helping drive the cycle.Cook also highlighted Apple's $600 billion US investment commitment, including bringing Mac Mini production to Houston, and he lean ...