Chip Shortage Hits Apple at the Worst Possible Time

The global chip shortage has significantly impacted Apple, causing a $6 billion revenue loss in Q4. Despite Apple's strong supply chain reputation, the shortage has led to product unavailability and shipping delays. Apple defends its supply chain strategy, stating efforts to mitigate the issue. The shortage will continue to affect revenue in Q1, although Apple anticipates a record holiday quarter.

What did Apple CEO Tim Cook say about the potential revenue loss due to the chip shortage?

How much additional revenue could Apple have generated if not for the chip shortage?

What does Apple claim about its supply chain strategy in relation to the chip shortage?

What is the current state of Apple's online and retail stores regarding new devices?

What does Tim Cook predict for Apple's holiday quarter despite the chip shortage?