During Thursday’s fiscal Q4 2021 earnings call, Apple CEO Tim Cook mentioned that Apple is “working feverishly” to improve supplies of the iPhone 13.
Cook said that Apple feels “very very good” about the demand for the iPhone 13 when compared to the iPhone 12. Supplies are constrained, though, and Apple has struggled to meet demand.
The iPhone 13 models sold out quickly after going on sale in September, and there are currently long delivery wait times for most iPhone 13, iPhone 13 mini, iPhone 13 Pro, and iPhone 13 Pro Max models.
Supply issues caused by chip shortages and COVID-related manufacturing delays caused Apple to lose approximately $6 billion in revenue during the quarter. Apple expects that supply problems will continue into next quarter.