Apple iPhone 13 sales affected by the global chip shortage

Apple iPhone 13 sales affected by the global chip shortage

The global chip shortage has affected the Apple iPhone 13 sales, much to the chagrin of those waiting to get their hands on the recently unveiled iPhone. 

Earlier this year, the Cupertino-based tech behemoth unveiled four new iPhone 13 models. Despite carrying steep price tags, the 2021 iPhone models have managed to garner popularity among iPhone fans. In fact, some of the iPhone 13 series variants and configurations are currently out of stock citing their skyrocketing demand. Moreover, the ongoing supply chain restriction is interfering with Apple’s attempt to keep up with the demand. If a new report is anything to go by, iPhone fans will soon be struggling to purchase the new iPhone models until next year.

The festive season will kick off in several parts of the world soon. This could lead to an increase in demand for the new iPhones. As a result, the supply-demand gap could further widen. During Apple’s recent earnings call, the company’s chief executive Tim Cook said that Apple lost a staggering $6 billion amid the ongoing chip shortage. It is still unclear whether this number will rise towards the end of the year.