Chip shortage already hits Apple; It will be worse at Christmas, warns Tim Cook

Chip shortage already hits Apple It will be worse at

Reuters.- Supply chain problems cost Apple $ 6 billion in sales during the company’s fiscal fourth quarter, which fell short of Wall Street expectations, and CEO Tim Cook said the impact will be even worse in the Christmas quarter. Cook told Reuters on Thursday that the quarter ended Sept. 25 had “greater-than-expected supply constraints,” as … Read more

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