Worldwide chip shortage affects the iPhone 12; Apple Car rumors
A worldwide shortage of semiconductors is hurting the sales of everything from smartphones to cars. Apple said the chip shortage affected sales of its latest iPhones. Automakers, who also rely on semiconductors in newer car models, expect to take a $61 billion hit due to the chip shortage. Coincidentally, Apple has recently been in talks with carmaker. Is the Apple Car on the horizon?
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