Apple’s Earnings Results

Apple’s CFO: We Had Trouble Keeping Up With iPhone 5S Demand

Peter Oppenheimer, Apple’s chief financial officer, said that the company could not meet customer demand for the iPhone 5S until closer to the end of the quarter. “The iPhone 5S sold better than we expected, but we were not able to come into a supply-demand balance until the end of the quarter.” Oppenheimer said the...