Presenting its financial results for the third quarter of fiscal year 2021, ended June 26, 2021, Cupertino’s Chief Financial Officer (CFO) Luca Maestri reported that Apple expects supply-related constraints that could affect iPhone and iPad sales in the coming quarter.

The supply constraints noted in the quarter that ended in June will be even greater for the quarter that begins in September, Maestri explained, constraints that will particularly impact iPhone and iPad sales.

It’s unclear whether supply constraints will also affect in any way the iPhone 13s that Apple is expected to unveil in September.

Luca Maestri

Apple CEO Tim Cook was asked if constraints affecting the supply of components will continue into the Christmas quarter but Cook preferred not to want to make any predictions. “We’re going to address this one quarter at a time,” Cook replied. “We’re going to do everything we can to alleviate the problem no matter what circumstances we face.” Cook went on to explain that the restrictions Apple is facing are the same ones that have affected other companies.

“Most of the restrictions are of the same type that others are facing as well,” Cook said. “I would classify it as an industry breakdown. We’ve seen some shortages, and on top of that, demand has been so high and so far beyond expectations that it’s hard to get whole sets of components in the traditional lead times that we normally get them in.” Cook explained that there are no problems with the latest production nodes, which are used in many of the company’s products, and that problems have been experienced with legacy nodes.

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Cook referred again to expect limitations with some suppliers, with constraints related to the supply of certain components, pointing out that the costs of some components overall decreased, and that Apple is paying for logistics management more than it would like.