The shadow of the chip shortage is looming over tech’s big quarter
Read Time:41 Second

The shadow of the chip shortage is looming over tech’s big quarter

0 0

Illustration by Alex Castro / The Verge

Tech earnings this quarter were, to the surprise of no one, high. But amid the record-settling revenues, the looming specter of the global semiconductor shortage was the fly in the ointment.

While virtually none of the major tech companies sounded too concerned on their calls, component shortages were called out by Apple, Microsoft, Samsung, Tesla, AMD, and Intel as potential problems for either their previous or upcoming quarter.

Apple had already warned that part shortages could impact its iPad and Mac businesses at its Q2 earnings to the tune of $3 billion to $4 billion. CFO Luca Maestri said on last week’s Q3 earnings call that it was able to keep those losses mainly limited to iPads and under $3 billion, in what was definitely a win…

Continue reading…

About Post Author

Happy
Happy
0 %
Sad
Sad
0 %
Excited
Excited
0 %
Sleepy
Sleepy
0 %
Angry
Angry
0 %
Surprise
Surprise
0 %

Average Rating

5 Star
0%
4 Star
0%
3 Star
0%
2 Star
0%
1 Star
0%

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Previous post [Update: Design, colors, sensors] Everything we know so far about Apple Watch Series 7
Next post Steve Jobs’ personal bomber jacket, vintage business card, and more up for auction
Generated by Feedzy