Chip Shortage Hits Apple at the Worst Possible Time

The global chip shortage has significantly impacted Apple, causing a $6 billion revenue loss in Q4. Despite Apple's strong supply chain reputation, the shortage has led to product unavailability and shipping delays. Apple defends its supply chain strategy, stating efforts to mitigate the issue. The shortage will continue to affect revenue in Q1, although Apple anticipates a record holiday quarter.

How much additional revenue did Apple miss out on due to the chip shortage in the fourth quarter?

• $4 billion

• $10 billion

• $6 billion

• $8 billion

What is Apple's stance on its supply chain strategy amidst the chip shortage?

• It plans to change its strategy completely.

• It is not affected by the shortage.

• It is doing everything possible to mitigate the issue.

• It has a fundamental flaw.

Which Apple products are experiencing shipment delays due to the chip shortage?

• Old iPhones and iPads

• Only Apple Watches

• New iPhones, iPads, and MacBook Pros

• Only MacBook Pros

What is Apple's expectation for the holiday quarter despite the chip shortage?

• A slight increase in revenue

• No change in revenue

• An all-time record

• A decrease in revenue

What is the projected negative revenue impact for Apple in Q1 due to the chip shortage?

• $5 billion

• $6 billion

• $7 billion

• $4 billion