Apple inc. listed ,on Thursday, revenue less than Wall Street expectations during its fourth-quarter which ended in September namely due to disruptions in supply chains.

The prior most valuable company in the world's CEO Tim Cook divulged that the shortfall is estimated at $6 billion, expecting worse supply chain problems during the coming quarter, ending in December.

The company's data from the fourth quarter indicated iPhone 13 sales for a few days. Although iPhone sales increased by 47% year over year, they fell short of analyst predictions.

Despite the fact that iPhone sales climbed by 47% year over year, they fell short of analyst expectations.

Microsoft exceeded sales estimates for the quarter, with a year-over-year increase of nearly 22%, the fastest since 2018.

Apple was the first firm to attain a market value of one trillion dollars and the first to reach a value of two trillion dollars, and it surpassed Saudi Aramco last year to become the most valuable company in the world.