Apple in trouble after Foxconn statements about shortages

Apple Business Essentials

Foxconn is among the first to position itself on the shortage of processors for equipment from Apple and other technology firms. The news is not good at all. And it is that, according to The Wall Street Journal, this shortage of components will last until the end of 2022.

This means that companies like Apple that we remember is one of those that most requires these components are in a hurry to supply the demand. The months that come now are already complicated for the firm but everything indicates that not much will change for next year.

The iPhone will be harmed but also the rest of Apple equipment

Logically, Apple’s flagship product will be the first to notice these chip shortage problems, just as we will notice it in the rest of the Cupertino firm’s devices. Foxconn is one of the main suppliers for Apple and this is not good for the Californian company. The iPhone could be one of the main affected and we will see how the market reacts to this shortage and especially the shareholders of the company who are the ones who year after year demand benefits.

On the other hand, we find the good financial results in Apple’s services. These do not require the components that today seem to be in short supply, so it could be the edge the company could grab in 2022 if this trend of lack of components does not subside. For now, what we have on the table would not be good for the company and that is the demand could be exceeding the available supply at the moment, affecting shipping times.

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