Apple’s stock has fallen due to concerns over the iPhone 13’s production.

Apple’s stock fell on Tuesday after reports that the company may cut its iPhone 13 manufacturing plans due to a global computer chip shortage.

Bloomberg stated that Apple expects to produce 90 million iPhones in the fourth quarter of 2021.

Sources informed the business publication that Apple was now having to tell its partners that the total will be reduced by up to 10 million units. Following the revelation, Apple’s stock dropped 1.2 percent in after-hours trade.



Broadcom and Texas Instruments, both semiconductor companies, were down 1% as sources stated they were having trouble delivering enough chips to Apple on time.

Apple, Broadcom, and Texas Instruments have all been contacted by the BBC for comment.

Apple released four new iPhone 13 models in September: the iPhone 13, iPhone 13 small, iPhone 13 Pro, and iPhone 13 Pro Max. Pre-orders began on September 17 and began shipping on September 24.

Widespread chip shortage Today, millions of items in a variety of industries rely on computer chips to function, and semiconductor manufacturers’ plants are currently operating at full capacity to satisfy demand.

iPhone 13 Portrait Video Mode

Apple has unveiled the iPhone 13, which can shoot films in “portrait mode” with a depth of field effect.

According to Apple, the new cinematic mode “anticipates when someone is going to enter the frame” and switches attention to them, a technique known as “pull focus.”

According to Apple CEO Tim Cook, it is the only smartphone that allows users to alter this effect after shooting.

Most of the other innovations on the new model, on the other hand, were incremental improvements over earlier models.

News of a new security issue in Apple products, which might expose users’ messages, overshadowed the event.

On Monday, Apple announced a security patch for a previously undisclosed flaw that might allow attackers to gain access to Apple’s iMessage service without the user clicking on a malicious link or file.

Features in iPhone 13


iPhone 13Features
DisplaySuper Retina XDR OLED Capacitive Touchscreen, Multitouch  
Size6.1 Inches  
Resolution1170 x 2532 Pixels (~=457 PPI)  
ProtectionScratch-resistant ceramic glass, oleophobic coating  
Memory512/256/128GB Built-in, 4GB RAM
CameraDual 12 MP, f/1.6, 26mm (wide), dual pixel PDAF, Sensor Stabilization + 12 MP
Battery3240 mAh  up to 19 hours
RatingsThe Average Rating is 5 stars
iPhone13 Features

Apple was also anxious to emphasize the phone’s environmental credentials, claiming that it was made up of various recycled elements, including antenna lines fashioned from plastic water bottles.

The debut comes at a time when consumers are retaining their phones for longer periods of time before upgrading. Around 250 million iPhone customers, according to investment company Wedbush Securities, have not upgraded their phones in 3.5 years.

Many people have yet to experience current features, according to Paolo Pescatore, an analyst at PP Foresight. “While some improvements will be considered incremental, millions of consumers have yet to switch to 5G. As a result, the so-called “supercycle” moment remains relevant “he stated.

IDC Mobile Phone Tracker Table 2021

IDC Mobile Phone Tracker Table 2021

Only the iPhone 12, which was released last year, and the newly unveiled versions have 5G connectivity.

According to analyst firm IDC, Apple supplied 25.9% of all 5G handsets worldwide in the second quarter of this year.

“With the new portfolio, this number will expand and reinforce Apple’s supremacy in that sector,” said Marta Pinto, senior research manager at IDC.

“It paid off not to be the first [to debut a 5G phone].”

The iPhone 13 Mini, Pro, and Pro Max were also released by Apple.

The iPhone 13 Pro and Pro Max have three cameras and “Apple’s most advanced camera system yet,” according to Apple.

A Super Retina XDR display and ProMotion – which enables adaptive refresh rates of up to 120Hz – are included in the premium models.

This makes scrolling, animations, and gaming more fluid. The iPhone 13 small costs £679, while the iPhone 13 costs £779. The iPhone 13 Pro costs £949, and the iPhone 13 Pro Max costs £1,049.

The Series 7 Apple Watch

Series 7

Apple also unveiled a new version of the Apple Watch, which is a wearable device.

The Series 7 is the first time the watch has been redesigned since 2018, and it will be slightly larger.

The increased size incorporates a keyboard for text input and can fit about 50% more text on the screen. For the first time, it is also dust-resistant.

Apple Watch iOS 8 will be able to recognize bicycle trips, including e-bikes, automatically.

However, according to Bloomberg, Apple Watch Series 7 production may be delayed.

The new model will be available “later this fall,” according to Apple, while other goods introduced at the same event, such as the new iPad and iPhone, will be available next week.

According to CCS Insight’s analysis, Apple controls 47% of the global smartwatch market.

“At first appearance, the latest Apple Watch appears to be another repetitive update,” said Leo Gebbie, principal analyst at CCS Insight. “However, the larger screen permitting bigger virtual buttons and a complete qwerty keyboard should undoubtedly improve usability.”

He anticipated seeing a greater battery life because “owners continue to scream for smartwatches to last longer,” but it was not mentioned – even though faster charging was. “Despite these reservations, the Apple Watch continues to sell in historic numbers and continues to dominate the smartwatch industry,” he continued.

Update of New iPad

iPad

Apple has also released a new iPad version. Tim Cook stated that iPad sales had increased by 40% in the previous year.

It will be powered by the A13 chip, which boasts a 20% performance boost over the previous generation. This was up to “three times faster than the Chromebook,” according to Apple.

As schools closed down due to the epidemic last year, those low-cost laptop models skyrocketed in popularity.

The latest iPad is priced at $329 (£319) for individuals and $299 for schools. A new iPad mini was also released, with USB-C support, Apple pencil support, and no home button, instead of relying on a lock button on the top for Touch ID. Prices start at £479 and go up from there.


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