Apple iPhone 13's woes due to chip shortage may continue till February 2022

• The supply of iPhone 13 has been affected due to the global chip shortage.
• As many countries in the world enter the festival mode, Apple is likely to lose billions of dollars due to the shortage of iPhones.
• As per reports, the iPhone demands won’t be met before February next year.

The sales of the iPhone 13 series have been affected by the global chip shortage, which is currently the biggest concern for tech, auto and every other industry that’s dependent on a semiconductor chip for production.

The iPhone 13 series that includes four devices — iPhone 13 mini, iPhone 13, iPhone 13 Pro and iPhone 13 Pro Max — with prices ranging from ₹69,900 to ₹1,79,990 has been in high demand in India.

The phones were launched in September, but many of the models have become out of stock, citing the demand in the country and now a report cites that it is unlikely that Apple would be able to meet the consumer demands before February. According to Digitimes Asia, the global chip shortage demand is easing as suppliers increase production and the assemblers step up the manufacturing process to meet the terminal demands by February next year.

Apple loss likely to increase

Apple lost about $6 billion dollars due to chip shortage in the previous quarter and the loss is expected to be greater in this quarter as most countries are going through the festive season, which is the peak time for people to make a new purchase. Apple CEO Tim Cook had said that the primary reason for the supply chain-related shortages will be the chip shortage in the ongoing quarter.

To fulfil the demands of the iPhone, Apple also reduced the production of the iPad and fed the chips into the manufacturing of iPhones. Even with such huge losses, Apple is one of the least affected companies as it manufactures most of the chips in-house.

The semiconductor shortage has been ongoing since the start of the year given the pandemic and growing demand in the automotive sector and the shortage won’t end before 2023 as per Intel CEO Pat Gelsinger.

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