Apple warns that the chip shortage is finally coming for iPhones
AppleCEO Tim Cooksaid Tuesday that silicon "supply constraints" will start affecting iPhonesales.
- Cook said in April that a
chip shortagewas already impacting MacBook and iPad production.
- The global semiconductor crisis continues to wreak havoc on computers, cars, and other industries.
A chip shortage continues to wrack the globe - and it's finally coming for the iPhone.
Apple CEO Tim Cook said on an earnings call Tuesday that silicon "supply constraints" will start affecting iPhone sales in the coming months.
A worldwide shortage of semiconductors had already been delaying production of the company's MacBooks and iPad, Cook said in April. However, he told CNBC Tuesday that the firm was able to "mitigate some of" the estimated $3 to $4 billion in expected costs related to the shortage.
But Cook's comments on the call confirm that the crisis will start biting into iPhone production.
Wall Street estimated earlier this year that Apple would deliver 220 million iPhone units throughout 2021. But it's unclear if that number could be impacted by the constraints Cook spoke of.
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