It's a lie, used to fool investors into Apple FUD. How ironic and convenient to use this excuse for this qtr.
So there’s been a worldwide supply chain disruption with electronics but you think Apple is making it up.
COVID shutdown a lot of China’s manufacturing—guess where high end iPhones are made…
yeah I think you're right, I doubt this will happen next earnings report since things have improved a bit and the economy has plateaued for a bit (recession in progress?).