Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. United States
  4. Nasdaq
  5. Apple Inc.
  6. News
  7. Summary
    AAPL   US0378331005

APPLE INC.

(AAPL)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Apple's iPhone 13 production fell 20% in Sept-Oct - Nikkei

12/07/2021 | 06:18pm EST
FILE PHOTO: FILE PHOTO: A woman wearing a face mask walks past an image of an iPhone 13 Pro at an Apple Store in Beijing

(Reuters) - Production of Apple Inc's flagship iPhone 13 smartphones fell 20% short of previous plans in September and October, Nikkei reported on Wednesday, citing sources familiar with the matter.

The holiday-quarter is one of the busiest for the company as many consumers seek to buy its products as gifts, weeks ahead of Christmas.

However, after launching the iPhone 13 range and new iPads in September, a major threat looms over Apple as it scrambles to keep up with the global chip shortage and supply chain disruptions.

Chief Executive Tim Cook had told Reuters in October that the impact of supply chain challenges would be worse during the holiday sales quarter than it was in the previous quarter.

In October, for the first time in more than a decade, iPhone and iPad assembly was halted for several days due to supply chain constraints and restrictions on the use of power in China, Nikkei reported.

Through September and October, the reallocation of the shared components squeezed iPad assembly even more, leading to about 50% less production volume than planned, while the production forecast for older generations of iPhones also dropped around 25%, Nikkei added.

Additionally, Apple had told its parts suppliers demand for the iPhone 13 lineup has slowed, Bloomberg News reported last week.

(Reporting by Akash Sriram in Bengaluru; Editing by Shailesh Kuber)


© Reuters 2021
All news about APPLE INC.
09:06aAPPLE : spotlights Black voices during Black History Month
PU
09:03aWall St eyes strong open on Microsoft's outlook; Fed decision looms
RE
07:18aMicrosoft pledges transparency in Xbox subscriptions in Britain
RE
06:59aIntel scores major win as court scraps $1.2 billion EU antitrust fine
RE
06:46aSOCIAL BUZZ : Wallstreetbets Stocks Stage Comeback After Market Rout; Microsoft Rises on U..
MT
06:24aApple poised for strong earnings despite supply constraints, Omicron
RE
05:34aIntel scores major win as court scraps $1.2 bln EU antitrust fine
RE
02:10aLG Display Q4 profit slumps, hit by lower TV panel prices and one-off cost
RE
01:46aMotor maker Nidec's profit slips on copper prices, chip shortage
RE
01:26aU.S. House speaker Pelosi's stock trades attract growing following online
RE
More news
Analyst Recommendations on APPLE INC.
More recommendations
Financials (USD)
Sales 2022 382 B - -
Net income 2022 93 243 M - -
Net cash 2022 70 007 M - -
P/E ratio 2022 27,8x
Yield 2022 0,58%
Capitalization 2 610 B 2 610 B -
EV / Sales 2022 6,65x
EV / Sales 2023 6,29x
Nbr of Employees 154 000
Free-Float -
Chart APPLE INC.
Duration : Period :
Apple Inc. Technical Analysis Chart | AAPL | US0378331005 | MarketScreener
Technical analysis trends APPLE INC.
Short TermMid-TermLong Term
TrendsBearishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 43
Last Close Price 159,78 $
Average target price 180,21 $
Spread / Average Target 12,8%
EPS Revisions
Managers and Directors
Timothy Donald Cook Chief Executive Officer & Director
Luca Maestri Chief Financial Officer & Senior Vice President
Arthur D. Levinson Independent Chairman
Kevin M. Lynch Vice President-Technology
Jeffrey E. Williams Chief Operating Officer
Sector and Competitors
1st jan.Capi. (M$)
APPLE INC.-10.02%2 609 906
XIAOMI CORPORATION-6.77%56 240
WINGTECH TECHNOLOGY CO.,LTD-9.91%22 924
SHENZHEN TRANSSION HOLDINGS CO., LTD.-10.20%17 854
FIH MOBILE LIMITED-9.56%1 263
RTX A/S-18.54%198