Supply Chain Woes: No One Is Immune

The video discusses the financial performance of Amazon and Apple, highlighting their recent revenue results that fell short of Wall Street expectations. Both companies are facing challenges due to supply chain issues, which are expected to continue affecting their business. Amazon reported lower-than-expected sales and profit, while Apple also saw lower sales, particularly in iPhones. The CEOs of both companies have warned of ongoing challenges, including labor shortages and increased costs.

Which two companies reported revenue results that did not meet Wall Street analysts' expectations?

• Amazon and Apple

• Facebook and Tesla

• Google and Microsoft

• Netflix and IBM

What was Amazon's net sales figure for the quarter ending September 30?

• $111.6 billion

• $83.4 billion

• $110.8 billion

• $38.9 billion

What was the main reason for Amazon's increased costs in the next quarter?

• Higher research and development costs

• Labor supply shortages and increased shipping costs

• Increased marketing expenses

• Expansion into new markets

What was Apple's reported quarterly sales figure?

• $110.8 billion

• $111.6 billion

• $83.4 billion

• $38.9 billion

What did Apple CEO Tim Cook mention as a significant challenge during the quarter?

• Larger-than-expected supply constraints

• Decreased demand for products

• Increased competition from other tech companies

• Regulatory challenges in international markets