IPhone 13 Shortage Information Downgrades Apple Stock, Suppliers Deny This Information

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The news that Apple was faced with a problem of a shortage of components caused dissatisfaction among investors, as a result of which the shares of the Cupertino-based company fell. Over the past five days, the company’s shares have decreased by 1.6%, and over the month, the price has decreased by almost 5%.

According to the authoritative publication Bloomberg, due to a lack of components, Apple has reduced its plan for the supply of iPhone 13 smartphones from 90 million to 80 million devices. It is also predicted that some countries may have an iPhone 13 shortage.

However, this news forced companies from the Apple supply chain to come up with a denial of this information. According to representatives of Apple suppliers, this year there has not yet been a decrease in the volume of orders for components.

IPhone 13 Shortage Information Downgrades Apple Stock, Suppliers Deny This Information

According to Apple’s official website, the current wait times for the iPhone 13 and iPhone 13 mini have been significantly reduced. In Russia, the delivery time for the iPhone 13 mini is 7-10 business days, and the iPhone 13 needs to wait 2-3 weeks. Due to the overestimated demand for the iPhone 13 Pro and iPhone 13 Pro Max, the waiting times for these models are still quite high: in Russia, delivery times are 4–5 weeks.

It was reported last week that Apple’s suppliers are “competing” to keep up with production schedules due to power supply issues affecting production efficiency.

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