For weeks now, tech companies have been warning investors that the global chip shortage is crimping their ability to grow, inflating costs, and depressing sales.
The issue cropped up repeatedly on earnings calls. Apple (ticker: AAPL) warned that its revenue guidance for the June quarter would have been as much as $4 billion higher if it had enough parts to meet demand for Macs and iPads. Poly, the maker of videoconferencing hardware and headphones, cited the parts shortage for its recent earnings miss. Cisco Systems (CSCO)…
