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October 13, 2021 - Apple will not meet its production targets for its new iPhone before the holidays due to a global shortage of computer chips.
This is what a Bloomberg report reveals.
The electronics giant had expected to make 90 million iPhones by the end of the year, but will have to 'settle' for 80 million because its suppliers Broadcom and Texas Instruments cannot keep up with demand, the sources said. 'Press Agency.
"Demand has been strong around the world, especially in China and the US," Wedbush analyst Dan Ives commented.
"Apple will be short on at least 5 million iPhone 13s for the holiday season if demand continues at this rate," he added.