Tears
Global shortage
Apple is likely to cut back on production of the iPhone 13, by as many as 10 million units.
The probable decrease in production is due to the global chip shortage.
Bloomberg is reporting that the technology firm is expected to manufacture 90 million units of the phone by the end of 2021.
Apple Inc. is one of the largest purchasers of chips, globally.
Manufacturers of chips have warned that demand will continue to surpass supply, for at least a year.
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