Apple CFO Warns Supply Constraints to Significantly Worsen in September Quarter
Apple’s CFO expects supply constraints to increase significantly next quarter, affecting iPhone, Mac, and iPad production, while noting softness in App Store mobile gaming revenue.
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During the company's latest earnings call, Apple's CFO highlighted that supply chain limitations are set to rise sharply in the September quarter compared to the prior period. This deterioration will impact the availability of key products including the iPhone, Mac, and iPad.
Separately, the executive flagged a "softness" in mobile gaming revenue via the App Store, suggesting weaker demand or spending in that segment.
Source: First Squawk