The company thinks that there will not be enough Apple products in the market by the end of this year.
Tim Cook, the company’s chief executive, has already warned of possible shortages. According to a report by BBC Online, the main reason for the need is the global computer chip crisis. This chip is a critical component of any modern electronic product.
Due to the impact of the Corona epidemic, people have been buying more electronic products since last year. The demand for computers and smartphones increases, especially for work from home and online classes.
Meanwhile, car sales have not been as predicted as they used to be due to the economic downturn. As a result, due to the impact of the computer chip crisis, companies began to struggle to meet the demand for technology-based gadgets such as cars Apple products, and smartphones.
This is the situation all over the world now. Tim Cook talks about the potential problems with the supply of Apple‘s chipset ‘M1’-based gadgets. These include the new model iPad and the 2021 model iMac computer. The supply shortfall could also have an impact on Apple’s profits.
It was reported on Wednesday that the company had made 54 percent more profit this time than a year ago. Tim Cook thinks that this time he will not get the opportunity to determine the supply according to the demand. Rather the opposite can happen.
He told analysts that the deficit would mainly affect the iPad and Mac. Demand is under our control. But I don’t know what the others are doing. We will give our best, that’s all I can say. ‘He said it would be “very, very difficult” to predict when the deficit would be met.
Meanwhile, it is challenging to start a chip factory. First, it will take a long time. To meet the cost, the demand must continue to be at the same level as the factory’s production capacity.
Analysts do not think that the chip deficit will be easily met. Ben Barringer, a stock analyst at Quilter Xavier, told the BBC: “Manufacturers and businesses are working hard to address the semiconductor shortage.
It started in 2016, during the US-China trade war. ” He added that the Corona crisis had exacerbated the problem. Especially when the institutions have faced excessive demand or if the wheel of the economy is in motion.
Request for this specialty has grown significantly as a result of recent corporate scandals. Consumers were more interested in Apple’s Five-G supported iPhone, which came in the market last year. Sales of Mac computers and iPads for work and study from home have also increased significantly.