According to a report by Bloomberg, Apple is said to be unable to achieve the production targets for the iPhone 13 due to a lack of chips and has therefore adjusted it. 10 million fewer devices than planned are to be manufactured, as Broadcom and Texas Instruments have problems delivering the necessary chips in sufficient quantities.
Reduction by more than 10% is in the space
A production volume of 90 million iPhone from the current 13 series was planned for the last quarter of this year. Apple purchases components from Texas Instruments for the voltage supply of the OLED displays of the new iPhone series, while Broadcom has been Apple's supplier in the field of wireless communication for some time. In addition to Broadcom and Texas Instruments, other Apple suppliers are also said to be increasingly faced with delivery problems and not be able to achieve the targeted quantities. This is said to be due to the power cuts in China.
Broadcom and TI have production done
While Texas Instruments also produces some of its own chips itself, Broadcom has the chips manufactured externally, primarily by Taiwan Semiconductor Manufacturing Co. (TSMC). They both face the problem of many manufacturers, therefore, of having to secure as much production capacities as possible at TSMC and other foundries – an increasingly expensive undertaking. According to an analysis by the Susquehanna Financial Group, the period between ordering and delivery of chips is currently 21.7 weeks on average and has therefore not only increased by around 9 weeks within a year, but also for the 9th month in a row.
Despite the importance of Apple for many affiliated companies in this area – at Broadcom, for example, Apple is responsible for 20 to 25 percent of the company's entire turnover – the company is not spared from the ongoing problems in the industry. The chip shortage in many areas of the IT industry is likely to continue well into next year, if not all of 2022.
Both Apple, Texas Instruments and Broadcom have so far not commented on the rumor of the reduced production volume to Bloomberg.
120 billion US dollars is still expected
The various models of the iPhone 13 in the Apple online store currently have a delivery time of at least one month and are foreseeably sold out in almost all Apple stores. Apple has not yet adjusted the sales forecast. The company is expected to generate revenue of around $ 120 billion in the final quarter of the year, up around 7 percent year-on-year.