Technologies

Apple warns of more supply chain woes after iPhone 13 drives revenue surge

The tech giant’s financial disclosures follow the release of new Mac computers, iPads and the iPhone 13.

Apple warned on Thursday that it continues to struggle with supply chain disruptions as it ramps up for an expected holiday shopping crunch following the release of its iPhone 13, new iPads, Apple Watches and Mac computers.

Apple said that iPhone sales jumped nearly 47% in the three months ended Sept. 25, as consumers snatched up the new iPhone 13. But Apple said its sales could have even been higher if not for the continued spread of the coronavirus pandemic, which has disrupted businesses across the globe. For Apple that led to a more limited number of products it could make and ship to customers.

Apple CEO Tim Cook said the company missed out on as much as $6 billion in revenue as a result of constrained supplies, primarily driven by silicon chip shortages and manufacturing disruptions. «We are optimistic about the future, especially as we see strong demand for new products,» he told analysts on a conference call.

Still, even though the company expects supply constraints to continue through the holidays, CFO Luca Maestri said he expects Apple to set new sales records during the holiday shopping season.

Apple’s financial disclosures add to a growing tapestry of information about the world economy amid the pandemic. The pandemic upended what turned out to be fragile supply chains around the globe when it ripped through manufacturing and shipping hubs at the beginning of last year. Now, as the holiday shopping season begins, questions remain about potential supply shortages.

In response, large retailers such as Target, Best Buy, Amazon and even Macy’s have begun rolling out early Black Friday deals before Halloween in an effort to draw people to shop now.

As for Apple, many of its newly launched products are already on back order, with the company quoting shipping times for new iPhones into November and new Macs into December. That all speaks to how much Apple’s struggled to keep up with demand.

It also likely helps that Apple’s fiscal fourth quarter included launches for highly anticipated products, including a more rugged $399 Apple Watch Series 7, updated $329 entry-level iPad, and redesigned $499 iPad Mini. The biggest release though was the series of iPhone 13 models, starting at $699.

The company said it tallied $38.8 billion in iPhone sales, up from $26.4 billion the same time a year earlier. Some of that can be attributed to quirks of the calendar. Apple released its iPhone 12 last year a few weeks later than usual, and as a result, its iPhone sales took a hit. This year, Apple stuck to its typical schedule of releasing new iPhones in September.

All told, Apple said it notched profits of $20.5 billion, up 62% from the same last year. That translates to $1.24 per share in profit, off $83.36 billion in overall revenue, which itself was up more than 28% from the $64.7 billion reported last year. But it was below analysts’ average estimates, which were $1.24 per share in profits on nearly $84.9 billion in revenue, according to surveys published by Yahoo Finance.

«It’s difficult to predict COVID,» Cook said. He added that he believes Apple’s still in a «materially better» position than it was earlier this year.

Apple’s stock closed regular trading up 2.5% to $152.57 per share. The stock’s risen nearly 18% so far this year, valuing the company at more than $2.5 trillion.

Supply shortages

The tech industry’s supply issues stretch back more than a year. Initially, industry executives said, many companies lowered orders for products out of fear for decreased demand when the pandemic was just starting last year. That, mixed with waves of illness and manufacturing shutdowns, led to supply shortages as people ramped up online shopping.

Chip shortages have extended well past the tech industry too. It’s kept Sony from being able to produce enough of its PlayStation 5 consoles to meet demand. But it’s also kept Ford from being able to make its F-150 trucks.

Apple’s Cook said that most of the supply shortages it’s facing are among older chips, though the company didn’t say which products or chips in particular it’s referring to. But he did say that getting enough newer chips isn’t as much of an issue.

«What we’re doing is working with our partners, and making sure that they have supply,» he said. Apple’s reworked some of its manufacturing, he added, to have as many products ready for chips as possible. That way, a chip can roll off the manufacturing line, into a product and shipping «as fast as possible.»

By the numbers

Apple said it set a record for Mac sales at nearly $9.2 billion, up slightly from the $9 billion a year earlier, despite the struggles it’s faced to get products to customers.

Apple said its success is primarily driven by the company’s new M1 chips, microprocessing brains designed by the teams that work on the iPhone. These chips, which were first released last year, have been well received by reviewers, who say they’re able to perform well when compared to previous Mac computers. Apple had relied on Intel chips to power its computers for about 15 years.

«After nearly a year, I can say the Intel-to-M1 transition has been relatively smooth,» CNET reviewer Dan Ackerman wrote of the new Mac computers. «The best thing I can say about the M1 chip is that it’s largely transparent to the everyday MacBook Air user, which is exactly what you want from a big under-the-hood change like this.»

Apple’s iPad sales jumped 21% to $8.2 billion. Its segment called «wearables, home and accessories,» which includes the HomePod Mini and Apple Watch, jumped more than 11% to nearly $8.8 billion. Services revenue, including from the company’s $5-a-month Apple TV Plus service, rose 26% to nearly $18.3 billion.

Apple said nearly a third of its revenue now comes from developing countries. Sales in Greater China nearly doubled to $14.5 billion from the year earlier, while sales in the Americas jumped 20% to $36.8 billion, Europe rose 23% to $20.8 billion, and Japan ticked up 19%. Revenue from the rest of Asia Pacific rose 25% to $5.2 billion.

Technologies

Pope Francis’ Funeral: How to Stream Live or Watch the Replay

Here’s how to stream the pope’s funeral very early Saturday, and what you can expect to see during the service.

After a week of global mourning for Pope Francis, who died on Monday at age 88, the pope’s funeral will be celebrated on Saturday . Francis’ funeral will be held Saturday at 10 a.m. local time at St. Peter’s Square in Vatican City (which is very, very early if you’re tuning in from the US or Canada), and he will be laid to rest at the Papal Basilica of St. Mary Major in Rome.

The Vatican will be livestreaming the papal funeral and procession, though not the burial, on its YouTube channel as it happens. The funeral will also be televised live on CBS, NBC, ABC and Fox, as well as on streaming services like Disney Plus, Hulu, Peacock and Paramount Plus. Due to the time difference, it seems likely that many interested North American viewers will catch it when it’s replayed later on Saturday. Numerous networks will rebroadcast the service later that day.

If you choose to stay up, or get up early, here’s when the live broadcast of the pope’s funeral will air in your time zone in the continental US on April 26:

ET: 4 a.m.
CT: 3 a.m.
MT: 2 a.m.
PT: 1 a.m.

The papacy of Pope Francis was notable for the progressive reforms he brought to the Roman Catholic Church. He appointed more than half of the current College of Cardinals and attempted to foster more positive attitudes toward members of the LGBT community and migrants worldwide.

What to expect from the funeral

The funeral will follow many rituals, though not all traditional protocols will be followed. Most popes are buried in St. Peter’s Basilica or its grottoes, but the AP reports Francis chose the St. Mary Major Basilica to reflect his veneration of an icon of the Virgin Mary that is located there, the Salus Populi Romani (Salvation of the People of Rome).

His funeral will be less elaborate than those of other popes per his own wishes. Francis simplified papal funeral rites last year, permitting his burial outside the Vatican, and emphasizing his role as a bishop rather than as pope (the pope is also the Bishop of Rome).

Previous popes were buried in three coffins: one of cypress, one of lead and one of oak. Francis requested to be buried in a single wooden, zinc-lined coffin and not to be placed in an elevated bier as other popes were.

The coffin will be taken from St Peter’s Basilica and placed on a dais in St Peter’s Square, where Cardinal Giovanni Battista Re will lead the service. After the service, the coffin will return to St Peter’s Basilica before it is carried across the River Tiber and to the Papal Basilica of Saint Mary Major for burial. The ceremony is estimated to end around 2 p.m. local time, or four hours after it begins.

Pope Francis’ funeral Mass will be the first of nine Masses held daily at St. Peter’s until May 4. This is an ancient tradition of the Catholic Church that observes nine days of consecutive mourning. According to Vatican News, a different group of mourners will participate each day, though the Eucharistic celebrations are open to everyone.

Who will attend Pope Francis’ funeral?

Hundreds of people, including world leaders and royals, are expected to attend Pope Francis’ funeral.

US president Donald Trump confirmed on his Truth Social Platform that he and first lady Melania Trump will be at the funeral. This will be Trump’s first foreign trip in his second term. He is expected to have a seat in the third row, though the Vatican has yet to release an official seating chart. It is tradition for the first row of seats to go to Catholic royalty, and the second row to non-Catholic royals.

Prince William, who is attending on behalf of King Charles, will sit in the second row, which is reserved for non-Catholic royals. Former president Joe Biden and first lady Jill Biden, devout Catholics, will also attend the funeral.

Conclave: What happens next to choose the new pope

After Pope Francis’ funeral, the cardinals of the Roman Catholic Church will vote on his successor in an assembly of cardinals known as a conclave.

There are many matters for the cardinals to settle before the conclave begins, but once it does, it can take days or even weeks to conclude. Two-thirds of the cardinals’ votes are required to elect the next pope. The conclave occurs behind closed doors and the vote tally is never made public.

Read more: Where to Watch Conclave, the Vatican Thriller About Electing a New Pope

Look for the white smoke

The ballots are burned after each round, and chemicals are added to the flames to produce black smoke if there’s no majority. When a new pope has been selected, the chemicals will be added to the flames so they produce white smoke. Crowds gather in St. Peter’s Square to watch for the results.

If you’re fascinated by the process, you can watch a dramatized version of the events in 2024 film Conclave.

In the movie, Ralph Fiennes stars as Cardinal Thomas Lawrence, who spearheads the election of the next pope while investigating rumors about potential candidates. The film is based on the 2016 novel by Robert Harris and is completely fictional — though it does represent some of the events of how actual papal conclaves take place. In March, the film won the Academy Award for best adapted screenplay.

You can stream Conclave on Amazon Prime Video, or rent it for $6 on Apple TV, Fandango at Home, YouTube or Google Play Movies.

Technologies

Today’s NYT Connections Hints, Answers and Help for April 26, #685

Hints and answers for Connections for April 26, #685.

Looking for the most recent Connections answers? Click here for today’s Connections hints, as well as our daily answers and hints for The New York Times Mini Crossword, Wordle, Connections: Sports Edition and Strands puzzles.

Today’s Connections puzzle features a lot of short words, but that doesn’t mean it’s easy. That purple category requires a lot of thinking — probably most people will solve it only by solving the other three and having four words left over. Read on for clues and today’s Connections answers.

The Times now has a Connections Bot, like the one for Wordle. Go there after you play to receive a numeric score and to have the program analyze your answers. Players who are registered with the Times Games section can now nerd out by following their progress, including number of puzzles completed, win rate, number of times they nabbed a perfect score and their win streak.

Read more: Hints, Tips and Strategies to Help You Win at NYT Connections Every Time

Hints for today’s Connections groups

Here are four hints for the groupings in today’s Connections puzzle, ranked from the easiest yellow group to the tough (and sometimes bizarre) purple group.

Yellow group hint: Rainbow.

Green group hint: San Fernando ____.

Blue group hint: Think Robert.

Purple group hint: Mixed-up hue words.

Answers for today’s Connections groups

Yellow group: Tint.

Green group: Valley.

Blue group: Bobs.

Purple group: Color anagrams.

Read more: Wordle Cheat Sheet: Here Are the Most Popular Letters Used in English Words

What are today’s Connections answers?

The yellow words in today’s Connections

The theme is tint. The four answers are color, hue, shade and tone.

The green words in today’s Connections

The theme is valley. The four answers are dale, dell, glen and hollow.

The blue words in today’s Connections

The theme is Bobs. The four answers are Dole, Hope, Marley and Ross.

The purple words in today’s Connections

The theme is color anagrams. The four answers are Dre (red), Gary (gray), genre (green) and lube (blue).

Technologies

Today’s NYT Connections: Sports Edition Hints and Answers for April 26, #215

Hints and answers for the NYT Connections: Sports Edition puzzle, No. 215, for Saturday, April 26.

Looking for the most recent regular Connections answers? Click here for today’s Connections hints, as well as our daily answers and hints for The New York Times Mini Crossword, Wordle and Strands puzzles.

Connections: Sports Edition is tough today. The purple category theme threw me because of one phrase I didn’t know. And let’s hope you’re familiar with college coach surnames. Read on for hints and the answers.

Connections: Sports Edition is out of beta now, making its debut on Super Bowl Sunday, Feb. 9. That’s a sign that the game has earned enough loyal players that The Athletic, the subscription-based sports journalism site owned by the Times, will continue to publish it. It doesn’t show up in the NYT Games app but now appears in The Athletic’s own app. Or you can continue to play it free online.

Read more: NYT Connections: Sports Edition Puzzle Comes Out of Beta

Hints for today’s Connections: Sports Edition groups

Here are four hints for the groupings in today’s Connections: Sports Edition puzzle, ranked from the easiest yellow group to the tough (and sometimes bizarre) purple group.

Yellow group hint: Try to achieve.

Green group hint: Move through it.

Blue group hint: Sideline bosses.

Purple group hint: Like a carton.