Apple shares gain on report of iPad production cuts to prioritize iPhone

MacDailyNews
Nov 2, 2021, 11:52 am278 pts
Apple shares gained Tuesday following a report that the company is cutting back on iPad production in order to direct scarce semiconductor supplies to iPhone 13 lineup. Apple Park in Cupertino, California Martin Baccardax for The Street: The Nikkei business newspaper said iPad production runs are about half of…

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