The American electronics company Apple is said to be unable to produce millions of smartphones due to delivery bottlenecks. It can be assumed that the company will have to correct its production target for the new iPhone 13 by ten million downwards, reports the Bloomberg news agency, citing three people familiar with the matter. Apple has informed its manufacturers that supplier companies such as Broadcom and Texas Instruments have problems delivering chips. The Apple share price initially decreased by around one percent in after-hours trading. Apple and Broadcom declined to comment when asked by Bloomberg, Texas Instruments was initially unavailable.

According to the report, Apple originally aimed to produce around 90 million units of the new iPhone variant in the last three months of this year.

Countless companies around the world are now affected by the current shortage of chips.

This also includes, for example, German car manufacturers, some of which are heavily reducing their production and even have to temporarily close individual factories.

What is surprising about the news about Apple is that the company is one of the largest chip buyers in the world and, due to its financial strength, can more easily pay higher prices than others.

The fact that contract manufacturers in Asia produce more for Apple is one reason why less capacity is available for car companies.