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.

What was the net income reported by Amazon for the quarter, and how did it compare to expectations?

What did Apple CEO Tim Cooke say about the demand for their products?