Tim Cook

Apple has warned of potential product shortages later in the year.

Apple has warned of potential product shortages later in the year.

A computer-chip shortage has been accelerated primarily by pandemic-driven disruptions over the past year. Industries around the world are struggling to meet a surge in demand for products such as cars, high-tech gadgets and smartphones. And Apple chief executive Tim Cook says supply issues could affect products that feature its own M1 chip, which include the new iPad Pro and iMac 2021. The shortage could threaten Apple's profits, which it revealed on Wednesday were up 54% year-on-year. "We expect to be supply-gated, not demand-gated," Mr Cook told analysts. "The shortages primarily affect ‌iPad‌ and Mac. "We have a good handle on…
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