Apple makes easy escape from supply crisis, but others may have to wait

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Apple Inc's triumph over the global chips supply-chain shortage has signaled good news amid troubled markets around the world.Not so fast, say analysts. The iPhone maker, which had warned three months ago that supply issues would dent its holiday-quarter revenue, on Thursday posted record results l

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Apple Inc's triumph over the global chips supply-chain shortage has signaled good news amid troubled markets around the world.The iPhone maker, which had warned three months ago that supply issues would dent its holiday-quarter revenue, on Thursday posted record results largely boosted by sales of its premium phones. It sees an improving situation, if some remaining shortages.

Semiconductor companies tend to give priority to bigger players such as Apple, for its massive buying power, huge demand for its products, and the company's ability to place custom orders for components used in its products. And Apple's high-end chips are costly, an attraction for the chip makers. Chips used in Apple iPads, which saw a 14per cent drop in revenue, use chips with older technology, and supplies of those older chips were particularly tight, Apple Chief Executive Tim Cook told analysts.

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