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SVTPerformance's Chain of Restaurants
Road Side Pub
Frying Pan Into the Fire -- Chip Shortage
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<blockquote data-quote="Weather Man" data-source="post: 16679661" data-attributes="member: 137766"><p> <ul> <li data-xf-list-type="ul">Apple (NASDAQ:<a href="https://seekingalpha.com/symbol/AAPL?source=content_type%3Areact%7Csection%3Amain_content%7Cbutton%3Abody_link%7Cfirst_level_url%3Anews" target="_blank">AAPL</a>) shares dipped in after-hours trading Tuesday following a report that the company is slashing its iPhone 13 production targets for this year due to ongoing component shortages in the semiconductor market.</li> <li data-xf-list-type="ul"><a href="https://www.bloomberg.com/news/articles/2021-10-12/apple-aapl-to-cut-iphone-production-targets-due-to-chip-shortage?srnd=premium" target="_blank">According to Bloomberg</a>, "people with knowledge of the matter" say that Apple will cut its iPhone 13 targets by as many as 10 million devices due issues affecting suppliers Broadcom (NASDAQ:<a href="https://seekingalpha.com/symbol/AVGO?source=content_type%3Areact%7Csection%3Amain_content%7Cbutton%3Abody_link%7Cfirst_level_url%3Anews" target="_blank">AVGO</a>) and Texas Instruments (NASDAQ:<a href="https://seekingalpha.com/symbol/TXN?source=content_type%3Areact%7Csection%3Amain_content%7Cbutton%3Abody_link%7Cfirst_level_url%3Anews" target="_blank">TXN</a>). The two companies provide communications chips and technology for the iPhone, but like many in the chip sector this year, they have has had their own supply chains disrupted due to shortfalls of key semiconductor-making parts.</li> </ul></blockquote><p></p>
[QUOTE="Weather Man, post: 16679661, member: 137766"] [LIST] [*]Apple (NASDAQ:[URL='https://seekingalpha.com/symbol/AAPL?source=content_type%3Areact%7Csection%3Amain_content%7Cbutton%3Abody_link%7Cfirst_level_url%3Anews']AAPL[/URL]) shares dipped in after-hours trading Tuesday following a report that the company is slashing its iPhone 13 production targets for this year due to ongoing component shortages in the semiconductor market. [*][URL='https://www.bloomberg.com/news/articles/2021-10-12/apple-aapl-to-cut-iphone-production-targets-due-to-chip-shortage?srnd=premium']According to Bloomberg[/URL], "people with knowledge of the matter" say that Apple will cut its iPhone 13 targets by as many as 10 million devices due issues affecting suppliers Broadcom (NASDAQ:[URL='https://seekingalpha.com/symbol/AVGO?source=content_type%3Areact%7Csection%3Amain_content%7Cbutton%3Abody_link%7Cfirst_level_url%3Anews']AVGO[/URL]) and Texas Instruments (NASDAQ:[URL='https://seekingalpha.com/symbol/TXN?source=content_type%3Areact%7Csection%3Amain_content%7Cbutton%3Abody_link%7Cfirst_level_url%3Anews']TXN[/URL]). The two companies provide communications chips and technology for the iPhone, but like many in the chip sector this year, they have has had their own supply chains disrupted due to shortfalls of key semiconductor-making parts. [/LIST] [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Frying Pan Into the Fire -- Chip Shortage
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