Apple: Expect shipping delays to continue this holiday season

Even Apple isn’t immune to the supply chain issues that cause some of your favorite gadgets to run out of stock at retail. Apple says supply constraints cut revenue by about $ 6 billion in the company’s September quarter, as it struggled to meet demand for iPhones, Macs and iPads .

And that number could be eclipsed by the supply limits that end up costing Apple during the holiday season. “We believe that by the time we have completed the [December] quarter that the constraints will be greater than the $ 6 billion we experienced in [September]”CEO Tim Cook told Wall Street analysts as Apple announced its quarterly performance yesterday (October 28).

Apple isn’t really looking for change. Even with the supply issues, the company still posted record revenue for the September quarter, totaling $ 83.4 billion in sales. Although this is up 29% from the same quarter a year ago, it is lower than what Wall Street analysts expected, which is why you can see Apple’s stock price plunge afterwards. what otherwise appears to be a stellar quarterly performance.

Investors could also be frightened by Apple’s forecast for the three months covering the holiday shopping season. Once again, Apple expects to set a record for revenue growth, although it avoids an exact forecast as it did during the COVID-19 pandemic.

But Apple assumes that supply shortages will have an even bigger impact on its results in the current quarter. And that makes sense – this will be the full first quarter of sales of all products Apple announced in September, as well as initial sales of the MacBook Pro models just unveiled with the latest M1 Pro and M1 Max chips from Apple. Apple.

Apple inventory: what we know as the holidays approach

We have been tracking the available inventory for the best Apple products, and it certainly reflects a situation where demand exceeds supply. A few days ago, according to our iPhone 13 inventory check, ordering an iPhone 13 or iPhone 13 mini involved a delay of at least a week before you could wait for your new model. Add two extra weeks for iPhone 13 Pro models.

It’s an even bigger story with the latest MacBook Pro inventory, especially if you’re trying to set up your own model. Some of these machines will not arrive until December.

Apple’s situation isn’t unique, as anyone looking for a PS5 will tell you. One of the effects of the global COVID pandemic has been a shortage of chips caused by companies initially slashing orders, only to find that they underestimated demand.

Apple’s problem isn’t the new chips that power its products. On the contrary, Cook told investors, it’s the legacy nodes that are included in many electronics products. Often times, Apple competes with other companies who need the same components for their devices, causing delays.

The bottom line for consumers is to place your orders early if you hope to get your gear in time for the holidays. You can also check out our Black Friday Deals 2021 hub where we monitor wanted gear that is still in stock.

Despite its warning about supply constraints, Apple has taken a largely optimistic pose for its near-term finances. High demand and high customer satisfaction reports will do it for a business.

“I feel very comfortable with our operations team,” said Cook. “I think we have a world class one, and I’m sure they’re doing all they can to reduce cycle times and improve returns and do whatever you can do besides the investment. fundamental capacity to remedy the situation. “

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