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Technology Stocks : Apple Inc.

AAPL 225.77

+1.8%

9:30 AM EDT

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To: Stock Puppy who wrote (210971)	10/13/2021 10:04:22 AM
From: NAG1	1 Recommendation Recommended By Stock Puppy Read Replies (2) of 213037

sp, 9to5mac.com Report: Apple cuts iPhone 13 production by 10 million units, due to ongoing chip shortages This is an interesting story at this particular point in time. This is a piece from ped30 on the topic ped30.com The chart in the ped30 piece puts the difference between chip ordering and delivery at over 20 weeks. That would make it a 5 month difference. You wouldn't expect a chip shortage, based on that graph, causing a cutback in production in the present quarter being announced just now. Either Apple knew about this but were hoping for better supply or you would expect this shortage to hit in the January quarter. Or the cutback is related to some other part shortage possibly related to China's power issues. Or the report is not accurate or is only partly accurate. Either way, it probably won't effect demand very much but may spread some of the demand to the January quarter. And it may be a buying opportunity for Apple shares. I will be sitting pat for right now since I have too much Apple in my portfolio but won't rule out looking at some options for the January quarter.

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