In earnings calls, Apple and Microsoft discuss supply chain constraints

In earnings calls, Apple and Microsoft discuss supply chain constraints

Microsoft, in its Q3 2021 call, saw mixed performance in its “more personal computing” segment, which includes Windows, search, gaming and Surface. Overall, revenue for the group increased 1.2 billion, or 9%.

Both Microsoft and Apple’s latest earnings calls took place last night, with one major theme in common: the ongoing component shortage. Despite issues in the supply chain, there still appears to be strong demand for new devices.

However, Windows in OEM systems suffered slightly. “Windows OEM revenue decreased 3% with continued PC demand impacted by supply chain constraints, on a strong prior year comparable in OEM non-Pro,” according to Microsoft. “Windows OEM Pro revenue decreased 2% and Windows OEM non-Pro revenue decreased 4%.

Surface revenue was down $348 million (20%), which Microsoft attributed to “supply chain constraints.”

Advertisement

Microsoft saw $357 million (11%) thanks to the Xbox Series X and Xbox Series S, though content and services decreased $128 million.

Apple, in its Q3 2021 results, claimed to succeed in spite of supply chain problems. Chief financial officer Luca Maestri said that the Mac set a quarter record of $8.2 billion, (up 16%) and that the iPad had revenue of $7.4 billion (up 12%) “in spite of significant supply constraints.”

Apple recently launched a new iPad Pro and iMac, both powered by the company’s M1 processor.

In a forward looking statement, Maestri claimed that “we expect supply constraints during the September quarter to be greater than what we experienced during the June quarter,” specifically calling out the iPhone and iPad as likely being affected. Apple chief executive Tim Cook said that most supply constraints are part of an “industry shortage,” but also sometimes that demand has been beyond what the company had expected.

Throughout the pandemic, there has been massive demand for personal computers, gaming consoles and other devices for people to work and play at home. The shortages have also affected the automobile industry and home appliances. These two earnings calls both suggest that the component shortage isn’t over, and may not be over by the end of the year, and that to at least some degree, all of that demand is still ongoing.

The News Highlights

  • In earnings calls, Apple and Microsoft discuss supply chain constraints
  • Check the latest update on Security news
  • .

Disclaimer: If you need to edit or update this news from compsmag then kindly contact us Learn more

For Latest News Follow us on Google News


Latest Headlines
  • Show all
  • Trending News
  • Popular By week
Apple Now Selling OtterBox Folding Stand for MagSafe Charger
Apple Now Selling OtterBox Folding Stand for MagSafe Charger
After spending time with this Folding Stand for MagSafe, I think OtterBox has done a great job with a really solid and functional design. We’ve seen a lot ...
Macedonian Council Approves Tax Increase Financing for Macedonian Empire
Macedonian Council Approves Tax Increase Financing for Macedonian Empire
Peak Nano invested about $40 million in its new Macedonia facility. Between its facilities here and in Valley View, the company employs 54 people and hopes to ...
In the midst of a submarine contract squabble, Biden demands a phone chat with Macron
In the midst of a submarine contract squabble, Biden demands a phone chat with Macron
A diplomatic rift emerged between Washington and Paris over the announcement that the United States and Britain will support Australia to develop ...
Not simply for a laptop, a student backpack
Not simply for a laptop, a student backpack
A student backpack doesn’t have to be too roomy. Sure, the interior should be adequate: notebooks and books, basic utensils, plus some breakfast and a bottle ...
SUV crashes into USPS truck, killing Florida postal carrier
SUV crashes into USPS truck, killing Florida postal carrier
Police cited the SUV driver for failing to stop for a stop sign. Investigators told news outlets they are waiting on toxicolgy reports, but don’t believe the ...
The LiL Gator game will be released for PC and Switch by Playtonic Friends
The LiL Gator game will be released for PC and Switch by Playtonic Friends
Moving on from the explosive rhythm shooter Bullert Per Minute, Playtonic has just announced a new publishing deal to bring a very different adventure to PC ...
Booster Dose of Its COVID Shot Instants Strong Response
Booster Dose of Its COVID Shot Instants Strong Response
“A booster dose of the Johnson & Johnson COVID-19 vaccine further increases antibody responses among study participants who had previously received our ...
Apple’s latest phone, the iPhone 13, is similar to last year’s but has greater storage
These iOS 15 Features Aren’t Available on the iPhone X or Older
You’ll need an iPhone XS, iPhone XS Max, iPhone XR, or newer for these iOS 15 features: According to the iOS 15 features page on Apple’s website, the ...
Twitter to Pay $809.5 Million to Settle Shareholder Case
Twitter to Pay $809.5 Million to Settle Shareholder Case
The San Francisco company said the proposed settlement, which must still be signed off by a judge, resolves all claims against it without Twitter admitting ...
Gmail now has search filters, and Android users can also turn off personalised search results in the Google App
Gmail now has search filters, and Android users can also turn off personalised search results in the Google App
Google announced the addition of the improved search feature on Gmail for Android via a blog post. Android device users can use this feature by tapping the ...
Show next
Compsmag - Latest News from tech, business and health
Logo