Go easy on Bud on the chip shortage guys... Apple wasn't able to...

Go easy on Bud on the chip shortage guys... Apple wasn't able to overcome this issue, and it's going to sink a 3-4bln dollar loss in their earnings as a result:

CNN: "But that wave of demand is now coming up against major Apple supply chain issues resulting from the pandemic. In a call with analysts, Apple Chief Financial Officer Luca Maestri said that the company expects revenue will be $3 billion to $4 billion lower this quarter thanks to "supply constraints."That includes problems procuring chips, which are expected to affect the production of iPad and Macs."We'll have some challenges in there, and challenges in meeting the demand that we've got," CEO Tim Cook said on the call. Apple shares are still up nearly 3% in premarket trading.Remember: Carmakers were among the first to sound the alarm about a shortage of microchips, which forced companies including General Motors (GM), Hyundai (HYMTF), Ford (F) and Fiat Chrysler (FCAU) to temporarily shut down plants."