Apple Posts Record Earnings with $97 Billion Revenue, Expects Slowdown in Next Quarter
Apple on Thursday reported strong quarterly results despite supply shortages, but warned that its growth slowdown is likely to deepen. The company said it's still struggling to get enough chips to meet demand and contending with COVID-related shutdowns at factories in China that make iPhone handsets and other products.Although initial results for the January-March period topped analysts' projections, the good news was quickly eclipsed when management warned of trouble ahead during a conference call.The main takeaway:…