Scarcity of Chips Haunts iPad and Mac Sales In The Second Halfof 2021

After a heavy lockdown due to the onslaught of COVID, many tech giants return to their

working stations. Reaching the end of the second quarter of the year, financial reports

were produced by many tech giants like Apple and Samsung.

While it was positive to see that Apple products like iPads, Macs, and smartwatches

have fairly done good business in the second one-third of the year, Tim Cook, CEO of

Apple, was seen warning the people about the aridity of chips that is present in the

market due to which a shortage of supply in the top-notch tech products of Apple is

going to hit the industries soon.

Right now as not only the electronics market but also other industries are seeing a

demand surge in the chips, there is little to no supply surge that can be noticed. The

shortage of semiconductors will soon lead to many tech giants using their buffer stocks,

as Tim Cook was saying that they had already done that too to meet the rush of in the

market for Apple products.

As officials of Apple were seen quoting that the most negatively impacted goods of

theirs will be iPads and Macs, which can eventually lead to their profits declining by

three to four billion dollars.

Many semiconductor and chip industries were seen saying that they have also earned a

lot of capital during the first half of the year and plan on increasing their capacity to

overcome these shortage problems. But till now only speculations have been reported

and no real job has been done.

This year as well, while Apple is preparing to launch newer versions of iPads and other

services, it is yet to be seen what strategy they will follow to fulfill all the market

demands.

As the world is facing the second surge of the virus, it is to be seen how it will affect the

shipment of essential products like chipsets and other goods from China to other

countries for assembly as well. Till now the only way forward seems to be to utilize

resources efficiently and rebound back.

For more such updates keep following Cross Hong Kong.