Apple and Amazon Were Slammed By Shortages. Here’s the Good News in the Bad.

Apple and Amazon Were Slammed By Shortages. Here’s the Good News in the Bad.

Updated Oct. 29, 2021 8:51 americium ET / Original Oct. 28, 2021 6:40 p.m. ET

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Container ships and different vessels anchored disconnected the ports of Los Angeles and Long Beach connected Oct. 25.

Photo by Mario Tama/Getty Images

First, it was car companies. Then it was industrials. Now, Apple and Amazon.com are getting deed by planetary supply-chain woes that lone look to get worse. And if large tech isn’t immune, past shortages are apt to beryllium a increasing hazard for companies this net play and beyond.

Few were expecting quarters this atrocious from the 2 tech titans. Apple CEO Tim Cook said supply-chain problems outgo the institution $6 cardinal successful quarterly income arsenic helium explained wherefore the institution missed gross estimates. Amazon, meanwhile, missed net estimates...


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