SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Apple Inc.
AAPL 157.43-2.8%1:22 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: NAG1 who wrote (210979)10/13/2021 11:57:21 AM
From: J.F. Sebastian1 Recommendation

Recommended By
Stock Puppy

  Read Replies (1) of 211119
 
You wouldn't expect a chip shortage, based on that graph, causing a cutback in production in the present quarter being announced just now.
You are correct.

As Jim Cramer pointed out yesterday, Apple didn't cut production of the iPhone 13, only their projections about how many they can produce this quarter due to component shortages.
This makes sense when one considers the iPhone 13 is still weeks behind in catching up with demand.

Mr. Market has gotten it wrong in this case and AAPL is down for no good reason when the facts are known.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext