- Ahead of Apple's second-quarter earnings on Thursday, several analysts wondered if the iPhone maker would be an early sign of weakening consumer confidence in an inflationary environment.
- Apple's earnings report on Thursday clearly said no.
- "But right now, our main focus, frankly speaking, is on the supply side," Apple CEO Tim Cook said.
A customers holds the new green colour Apple iPhone 13 pro shortly after it went on sale inside the Apple Store on 5th Avenue in New York, March 18, 2022.
Mike Segar | Reuters