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Apple Warns of Supply Chain Woes While Amazon Faces Increased Labor Costs – The Wall Street Journal

iPhone news

Apple Inc. and Amazon.com Inc. reported quarterly results that showed how supply-chain problems and tight labor markets are tripping up even some of the biggest business winners of the pandemic era.

Apple, which had record 12-month profit nearing $100 billion, warned that supply-chain disruptions are hindering iPhone and other product manufacturing and would bring increased challenges during the important holiday-shopping quarter.

Source: https://www.wsj.com/articles/apple-aapl-q4-earnings-report-2021-11635390749