MILANO – From the symbol of the US economy to the financial G7, the problem of bottlenecks in supplies continue to jeopardize the strength of the recovery. The giant Apple also seems to pay the price, according to what it reveals Bloomberg will not reach its production targets for its new iPhone before the holidays, due to a global shortage of computer chips.
The electronics giant had planned to produce 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 if demand continues at this rate,” he added.
The processor crisis is already knocking out the automotive industry, and it was also reiterated at the annual meetings of the International Monetary Fund as supply chain disruptions, global supply chains, are one of the main alarms hanging over the recovery of the Western world. , where the vaccination campaign has given economies the opportunity to reopen.
The Cupertino company pays for these interruptions: apparently the cause is the delays in the deliveries of components by Texas Instruments and Broadcom. According to Susquehanna Financial Group projections, in September, the time between when companies order chips and when delivery takes place rose for the ninth consecutive month to an average of 21.7 weeks. Apple stock lost more than 1% in Wall Street afterhours trading.
With the quarterly season getting ready to kick off, and therefore the world‘s largest companies will have to give indications on what problems they expect to encounter in the months to come, the issue enters the highest chambers of power. This was brought by the British finance minister, Rishi Sunak, who in his first visit to the US at the financial G7 will launch an appeal to address the issue of supply chains in a coordinated way at a global level.
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