Tag: supply shortages


Apple reports strong earnings but warns of supply shortages and COVID shutdowns ahead


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 iPhones and other products.

https://www.usatoday.com/story/tech/2022/04/28/apple-earnings-strong-quarter-supply-shortages-covid/9577932002/