Apple’s supply crunch delivers US$6 billion blow amid strong iPhone 13 sales

Source: Tech – South China Morning PostApple’s iPhone sales soared yet again in the past quarter, but did not grow as rapidly as analysts anticipated because of supply shortages that have made it more difficult to meet the demand for a wide range of products.

Until recently, the supply shortages that have curtailed production of everything from automobiles to video game consoles have not been a major problem for Apple. Although the company’s quarterly results released on Thursday served as evidence of its products’ continuing…Read More

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