Scarce chips may pinch Apple's iPhone holiday sales, analysts see rebound next year

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The global chip shortage could be creeping its way to Apple\u0027s newest iPhone 13 smartphones, but analysts think that the technology giant can weather the impact by making up for any lost holiday sales with a stronger showing next year. On Tuesday (Oct 13), Bloomberg reported that Apple is likely to slash pr

The global chip shortage could be creeping its way to Apple's newest iPhone 13 smartphones, but analysts think that the technology giant can weather the impact by making up for any lost holiday sales with a stronger showing next year.

Several Wall Street analysts, however, did not change their iPhone sales estimates following the news. Apple also has sway over its component vendors, given its enormous buying power, and that means while it may not be able to purchase as many parts as it wants, it will likely get more than its rivals.

 

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