This year, getting your hands on a new Mac or iPad has been difficult. And Apple doesn’t expect things to get better as summer progresses. Apple workers told Wall Street analysts that supply restrictions hit the bottom line during the first three months of the year when they announced sales and earnings estimates for the second quarter of its fiscal year, which ended in March. Supply constraints are expected to continue into the May quarter, according to Apple.
Essentially, Apple warns that supply constraints related to Covid-19 locks in factories where industrial products converge with ongoing mineral shortages could affect sales by $ 4 billion to $ 8 billion in the current quarter. That is likely to raise eyebrows among investors, but for retailers, it may also mean that certain markets are difficult to get through.
After all, you do not need to listen to the call of Apple assets to know that ordering certain Apple products can mean a long delay. Things calmed down for the iPad recently after a rough quarter for Apple tablets – the iPad was the only commercial segment that did not see revenue growing during the March quarter. As of this writing, though, iPad models are available for next day delivery across the San Francisco Bay Area, with one exception. Orders for the iPad 10.2 (2021) will not be shipped until next week. “The hell is restricting special supply throughout [March] quarter, ”Apple chief financial officer Luca Maestri told analysts.
It is the Mac version that has been hit hardest by the supply restrictions at the moment. Only 13-inch MacBook Pro and 256GB Mac mini are available for day-to-day delivery when we review Apple’s online store. All other models faced delays of less than a week in the case of the MacBook Air M1 mid-June for the 14- and 16-inch MacBook Pro models. Place an order for Mac Studio powered by an M1 Ultra chipset, and you may not see your new desktop until the fireworks start off on the fourth of July. During a call with analysts, Apple said it continues to monitor Covid-related locks in China, although many conference applications are what CEO Tim Cook described as the “Shanghai corridor” already back on. internet and manufacturing promotion.
Changes related to the Covid-19 and its components were not enough to stop Apple’s growth during the March quarter ended. The company reported $ 97.3 billion, a 9% increase from the previous year and a new March quarterly record. The iPhone, Mac and wearables / home / feature segments all posted quarterly earnings of March for sales on their own, while the service segment hit an all-time high with $ 19.8 billion in sales.
It was that business that calculated to help line Apple down as it was getting its supply chain back in the beginning. Services include everything from Apple subscription streaming services for movies, games and music to your mobile payment platform. Given the large installed base of Apple devices – Maestri noted it is high all the time – that’s a lot of people who can use Apple services even if they press their thumbs up waiting for a new app to pick up the car. Cook could not say when Apple would be able to reduce the waiting time for Macs. “We’re working hard,” he said in response to analysts’ questions about Mac’s timing. “We have a lot of customers that we want to get new Macs to.”
“We do not really predict when we can get out of the mineral shortage,” Cook continues. “So that would be a difficult answer. I think something COVID in it I hope that kind of transitory case. And so I would hope it would be better over time. ”What was not mentioned during the financial conference today (April 28) is whether issues with company locks and missing parts could affect future products such as the iPhone 14, which is expected to come out in the fall yii. That’s partly by design – Apple always writes commentary on undisclosed products and that the expected release date of the iPhone 14 is so in the future, it will be difficult to give a definitive answer, even if the company wants to. But as with waiting times for existing Apple products, it is the right situation to keep an eye on.
Philip Michaels is the Managing Editor in Tom’s Guide. It has been covering personal technology since 1999 and was in the house when Steve Jobs introduced the iPhone for the first time. It contains strong opinions about Apple, Oakland athletes, old films and good eating habits. Follow him at @PhilipMichaels.