Apple Reports Its First Earnings Miss After 2018: Reports Revenue of $18.3 Billion in the Fourth Quarter of 2021
While earnings of Apple increased by approximately $18.3 billion in the fourth fiscal quarter of 2021, it fell short of Wall Street’s forecasts. Apple services revenue includes Apple TV+, Apple Music, the App Store, and iCloud. However, Apple CFO Luca Maestri told analysts that the company’s services division had 745 million paid subscribers, an increase