Apple and other companies are warning of manufacturing constraints due to a shortfall in critical components.

Microprocessors, essential to smartphones and many other electronics, are in high demand and in short supply.

iPhones Price Hikes?

close up of smartphone in box

Tom Smith / EyeEm / Getty Images

Natural factors and disasters, such as weather and factory fires, worsened the situation.

Even finding enough containers to ship goods is a problem.

Companies arent making enough new containers to match demand, Kenney said.

Delivery man with packages and smartphone at customer’s doorway

Isabel Pavia / Getty Images

“Such shortages and delays will be remedied…and [as] social distancing requirements are reduced.