We came in at the lower than the low end part of that range

“The shortage primarily affected Mac and iPad,” Apple CEO Tim Cook told CNBC’s Josh Lipton. “We had predicted the shortages to total $3 to $4 billion. But we were actually able to mitigate some of that, and we came in at the lower than the low end part of that range.” [from CNBC]

Can anyone help explain what does “we came in at the lower than the low end part of that range” mean?

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The range is $3-4 billion. The lower end of the range is $3 billion. Lower than the low end would be lower than $3 billion.

He might have misspoken, or the news source misquoted him. He probably meant to say something like “we came in lower than the low end of that range.”

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Thank you NearlyNapping

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