Apple Eyes Cutting iPhone Production by 10 Million Units - NewsBreak

Apple, facing chip shortages, will likely cut the projected iPhone 13 production targets for the year by as many as 10 million units, Bloomberg reported. The company was looking at producing 90 million new iPhone models in the final three months of the year. However, it has been telling manufacturing partners that the total will be lower, as Broadcom and Texas Instruments haven't been able to deliver the right amount of components, according to the report, which cited unnamed sources.