Apple 'Working Feverishly' to Improve iPhone 13 Supplies

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During today's earnings call for the fourth fiscal quarter of 2021, Apple CEO Tim Cook said that Apple is "working feverishly" to boost iPhone 13 supplies.

iPhone 13 Pro Feature Blue
Cook said that Apple feels "very very good" about where demand is at for the ‌iPhone‌ 13, in terms of sales compared to the ‌iPhone‌ 12. Supplies are constrained, though, and Apple has not been able to meet demand.

Initial supplies of the ‌iPhone‌ 13 models sold out quickly after the new smartphones went on sale in September, and there are currently long wait times for most ‌iPhone‌ 13, ‌iPhone‌ 13 mini, ‌iPhone‌ 13 Pro, and ‌iPhone‌ 13 Pro Max devices.

Apple lost around $6 billion in revenue during the quarter due to supply issues that were caused by chip shortages and COVID-related manufacturing delays, and Apple expects that these supply problems will continue into next quarter.

Tags: AAPL, Earnings

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Top Rated Comments

Prof. Avatar
Prof.
53 months ago
I expect this to carry on for at least 2 more years. Our global supply chain is ****ed
Score: 10 Votes (Like | Disagree)
ProfessionalFan Avatar
ProfessionalFan
53 months ago

Aple lost 6 billion $ because of constrained iPhone 13 supply but still posted record profits
Yes, cause they didn't lose 6 billion. They just lost out on potentially $6 billion more.
Score: 9 Votes (Like | Disagree)
staypuftforums Avatar
staypuftforums
53 months ago
Probably not a good idea to be working with a fever during a pandemic. Take a few days off, fellas.
Score: 8 Votes (Like | Disagree)
smorrissey Avatar
smorrissey
53 months ago
what about "Working Feverishly" fixing ios 15 bugs like low sound notifications? mmm?
Score: 7 Votes (Like | Disagree)
Johnny907 Avatar
Johnny907
53 months ago
Maybe they should “feverishly” work on diversifying their supply chain then. Perhaps consider opening manufacturing centers somewhere other than Asia?
Score: 6 Votes (Like | Disagree)
TheYayAreaLiving ?️ Avatar
TheYayAreaLiving ?️
53 months ago
Delays after delays. Hopefully iPhone 14 will be much of a smoother launch.
Score: 5 Votes (Like | Disagree)
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