Apple’s revenue jumped 29% last quarter, and iPhone revenue jumped 47% to $38.9 billion, but the amount was not as good as analysts expected. The reason was that the “chip shortage” caused a loss of $6 billion in revenue last quarter. Apple also warned , The impact of the chip shortage this season may be even greater, causing investors to worry about Apple’s ability to cope with the chaos of the global supply chain, and Taiwan’s Apple concept stocks are also the first to bear the brunt.

Apple's stock price plummeted by more than 3% in early trading on the 29th, giving up the throne of the world's market capitalization king to Microsoft.

Apple Chief Financial Officer Mestri said frankly that the waiting time for some Apple products is longer than the company expected. He said that the supply chain was blocked, which resulted in a loss of $6 billion in revenue last quarter, which could be more serious this quarter.

Regarding the impact of supply chain shortages, Apple CEO Cook said that the problem comes from a shortage of chips and is no longer a supply chain chaos related to the new crown epidemic. He said that supply restrictions impact all products, especially iPhone, iPad and Mac. Cook blamed traditional process chips instead of using his own designed chips in the latest Macs.

Cook said that although the output of Apple’s Southeast Asian factories had "substantially improved" before the end of October, the chip shortage has not ended and is affecting "most of Apple's products." To "look at the following situation, it is difficult to judge."

During the new crown pneumonia epidemic, the two major winners, Mac computers and iPads, had revenue growth of 1.6% and 21% respectively over the same period last year, reaching US$9.2 billion to US$8.3 billion, which were better than analysts' estimates. Covering Apple Watch, Apple TV, AirPods and other devices, the department generated 8.79 billion US dollars in revenue last quarter, an annual increase of 12%.

The service sector, which covers businesses such as the App Store, grew revenue by 26% from a year ago to US$18.28 billion, better than analysts’ expectations of US$17.7 billion. Investors were previously curious about whether Apple’s new privacy regulations cracked down on third-party services and whether it would benefit their own advertising business.

Supply chain issues caused Apple’s revenue to drop by US$6 billion in the quarter. Investors worry that even the “invincible” Apple will be affected by the lack of material. Yesterday, Taiwan’s Apple index concept stocks also encountered selling pressure. Liu Yangwei, chairman of Hon Hai, a well-known Apple foundry, said after attending the Caixun Sustainability Corporate Impact Forum yesterday that he is not clear about the details of major customers. Has gradually recovered.

However, Liu Yangwei also said that this year is probably Hon Hai’s best revenue and profit performance in the past ten years. At the same time, there are two major events in the next industry, one is electric vehicles, the other is Yuan Universe, Hon Hai There will definitely be Metaverse related products.

Delta’s Chief Executive Officer Zheng Ping said frankly that the shortage of materials in the third quarter affected shipments and gross margin performance. However, it seems that the order situation in the fourth quarter is good and will be a little better than the third quarter; Delta Telecom Chairman Hai Yingjun explained that the decline in gross profit margin was mainly due to the increase in costs, part of which was due to the lack of materials from customers. For example, the lack of materials at the auto factories had forced Delta to slow down shipments.