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Apple said a global chip shortage that has bitten into its ability to sell Macs and iPads will start to affect iPhone production and forecasted slowing revenue growth, sending its shares lower.

At some point, JSE-listed Altron’s bombed out share price is going to look like a bargain. But it’s hard to know when that will be. The Venter-run family business last week announced a loss of R1,1bn for the year to February, drowning the previous

Apple’s share price, which peaked above US$132 a year ago, is now around $94. This is despite the news that Warren Buffett’s investment conglomerate Berkshire Hathaway had recently acquired more than 9,8m Apple shares. Since