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Apple iPhone sales jump 50% despite chip shortages ahead of iPhone 13 launch in fall – Source CNET Tech

apple-iphone-11

The tech industry’s been struggling to catch up to a serious chip shortage.


Sarah Tew/CNET

For years, Apple’s seemed to defy the law of large numbers. Its iPhones, already found in over a billion pockets, surged again following the company’s launch of the iPhone 12, which featured a new boxy design and 5G wireless speeds. Still, with a market value topping $2.45 trillion, the question Apple constantly faces is whether it can keep going higher.

On Tuesday, we got an answer. During the three months of its fiscal third quarter, the company said it tallied nearly $39.6 billion in 

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Source CNET Tech

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