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You can credit Tim Cook's supply chain mastery for that boost in Apple shares

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Cook's comments on the supply chain echo those of his peers in the industry, but his words carry a lot more weight with investors.

Remember: Cook has built his entire reputation on being a supply chain genius. It's a big part of the reason why he got the CEO job after Steve Jobs stepped down over a decade ago.

In fact, an analyst asked Cook on Thursday if he's happy with the structure of Apple's supply chain. Spoiler alert: Cook said he has Apple's supply chain just the way he wants it, injecting even more optimism into the idea his company can navigate Covid's disruptions until the supply chain woes get sorted out over the coming year.Tesla CEO Elon Musk CEO said on his company's earnings call Wednesday the company, especially for computer chips the vehicles need.

Intel CEO Pat Gelsinger also had positive things to say about the supply chain recently. He said last week he expects "incremental improvements" to the supply chain throughout 2022, which is very similar to what Cook said Thursday.

 

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