Power On: The iPhone Takes a Backseat to the Mac

The video discusses Apple's recent advancements in chip technology, including the M1, M2, and upcoming M3 chips, and how this focus has impacted other products like the iPhone and Apple Watch, which will not receive major chip upgrades this year. It also highlights challenges in developing Apple's first cellular modem and industry-wide issues such as chip shortages and TSMC's transition to new technology.

What factors are contributing to the issues faced by Apple's chip department?

What impact has the chip shortage had on Apple's manufacturing and pricing?