Apple plans to cut production of the iPhone 13 by ten million units due to global chip shortages, according to Bloomberg. This could push production to 80 million units in the fourth quarter of this year.
The Cupertino, California-based firm was expected to produce 90 million new iPhones in the fourth quarter of this year, but suppliers have said that number will be lower.
Broadcom and Texas Instruments, two chip companies, struggled to supply enough components to Apple, forcing Apple to cut production of the iPhone 13.
The global chip shortages have harmed a number of manufacturers. Because of its size, Apple often receives first priority from suppliers, so the shortages have had little impact thus far.
In mid-September, Apple launched four new iPhones. The iPhone 13, iPhone 13 mini, iPhone 13 Pro, and iPhone 13 Pro Max are all priced at 809, 909, 1159, and 1259 euros, respectively, just like their predecessors.