Apple in top form despite the semiconductor crisis

Posted Jan 28, 2022 at 5:52 AMUpdated on Jan 28, 2022 at 6:15 PM

Apple plays the semiconductor crisis. The Californian firm has just announced record results, despite a shortage of chips that penalizes all manufacturers of electronic products. Its sales increased by 11% for the quarter before Christmas and amounted to 123.9 billion dollars, a figure well above analysts’ expectations.

Apple’s results were particularly expected due to the supply crisis. Last year, Tim Cook warned that a shortage of chips could cut into billions of dollars in sales, but the firm apparently managed to circumvent the problem before the holidays. Apple also shows its optimism for the next quarter, from January to March 2022. The semiconductor crisis should be felt even less than during the past quarter, assure its leaders.

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