Apple Hit by Chip Shortages, iPhones Likely More Expensive
Apple is having trouble getting parts for its iPhones. This is causing delays in production. Consumers will likely pay more for the new phones.
A global shortage of electronic components is affecting Apple. The company cannot make enough new iPhones. This shortage is expected to raise the prices of the phones. The supply chain problems are impacting the launch season. Experts believe this will affect sales of the latest iPhone models.
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Highlights
Apple Faces Component Shortage
Apple cannot get needed parts because of a global shortage.
Chip Shortage Impacts iPhones
A lack of computer chips is causing problems for Apple.
iPhone Prices May Rise
New iPhones will likely cost more money.
Production Delays Reported
The shortage is delaying the production of new iPhones.
Supply Chain Issues Cause Problems
The supply chain is causing difficulties for Apple.