During the earnings call for the fiscal fourth quarter of 2022, Apple CEO Tim
What does it mean?
According to the head of the company, the demand for these modelsexceeded all of Apple's expectations, so the production rate was initially insufficient, which affected sales. And now the manufacturer does not have time to make the required number of gadgets.
Apple is now "working very hard tomeet demand,” but Tim Cook expects supplies to remain tight “for some time.” For example, in the official US store for online orders, many iPhone 14 Pro and Pro Max models are not delivered until November.