Apple’s Tim Cook confirms iMac and iPad production will be delayed due to the crushing global chip shortage

Apple CEO Tim Cook.
Apple CEO Tim Cook.

  • Apple CEO Tim Cook said the chip shortage has caused the company to delay production of the iMac and iPad.
  • The global semiconductor shortage has hit automotive and tech companies hard in recent months.
  • Cook estimates Apple will lose $3-4 billion in revenue next quarter as a result of the shortage.
  • See more stories on Insider’s business page.

Shoppers may see shortages of iMacs and iPads on the shelves in the coming months.

Apple CEO Tim Cook told investors during the company’s quarterly earnings report that Apple has been hit by the computer chip shortage and has been forced to delay production on its iMac and iPad as a result.

While many speculated that Apple would be one of few companies to dodge the chip shortage, Cook confirmed the supply disruption was primarily impacting its “legacy node” chips.

The affected chips employ traditional manufacturing lines used by other automakers and tech companies that are also scrambling to procure semiconductor chips. The computer chips are involved in anything from cars to televisions, gaming systems, and home appliances. Rising demand from the work-from-home boom paired with COVID-19 shutdowns in the supply chain have made the chips an especially valuable commodity.

Cook said Apple was able to avoid any impact from the shortage in the previous quarter. That was mostly due to the fact that the company began producing its own chips last year. On most of its other products, Apple uses high powered computer chips that are not impacted by the shortage.

The CEO did not specify which semiconductor parts were in short supply or when the issue would be resolved.

“Most of our issue is on licensing those legacy nodes, there are many different people not only in the same industry, but across other industries that are using legacy nodes,” Cook said.

Luca Maestri, the company’s chief financial officer, said Apple would take a $3 billion to $4 billion revenue hit as a result of the semiconductor chip shortage.

“It’s a combination of the shortages as well as the very, very high level of demand that we are seeing for both iPad and iMac,” Maestri said.

Maestri told investors that the iMac has had the highest sales in the past three quarters in the history of the desktop. He pointed to the work-from-home boom which has continually pushed Apple’s profits higher during the pandemic.

Overall, Apple has been able to weather the chip shortage relatively unscathed compared to other tech and automotive companies.

In February, consulting firm Alix partners predicted the supply disruption could cause car companies to lose as much as $61 billion in revenue this year. Many automakers have been forced to shut down plants and prioritize which models to produce, as a result of the lack of computer chips. On Tuesday, Tesla CEO Elon Musk said the shortage has caused “insane difficulties” for the electric car company.

While the chip shortage has hit automotive companies the hardest, Dell and HP have been reporting the impact of the lack of semiconductors since the fall. Earlier this year, Sony and Nintendo said they have faced trouble producing gaming consoles due to the shortage.

Apple had a profitable quarter, smashing analysts’ expectations. The company was driven by the continued increase in demand for electronics and its second quarter saw all of Apple’s stores open for the first time since the pandemic started.

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Apple’s new iMac is faster, bigger, and more colorful than before – here’s how it compares to the 2019 iMac

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Apple iMac 2021
  • Apple’s new 24-inch iMac marks a major redesign of its desktop computer.
  • The 2021 iMac features a bigger 4.5K Retina screen, fun color options, and Apple’s powerful M1 chip.
  • The 2019 model, meanwhile, has a smaller 21.5-inch 1080p display and a slower Intel-based processor.

Apple has officially unveiled its new 24-inch iMac with prices starting at $1,299. The redesigned desktop boasts several major upgrades over the previous 21.5-inch model, which Apple currently lists with a $1,099 starting price.

The 2021 iMac is the first to feature Apple’s powerful M1 chip. It also comes in a variety of color options and boasts a higher resolution screen. Compared to the older model, the new iMac includes a redesigned keyboard with Apple’s Touch ID processor as well.

Apple says the improved specs should translate to up to 85% faster CPU performance compared to the 21.5-inch iMac, as well as twice the GPU performance. The new iMac’s base model costs $200 more than the 2019 starting model, but the added power and bigger screen could be well worth the higher price.

A full verdict will have to wait until we get our hands on the new iMac in the coming weeks, but we’ve been impressed by Apple’s M1 chip in the new MacBook Air. If the 2021 iMac offers a similar leap in performance, it could be a very worthy desktop upgrade.

Below, we’ve compared some of the key starting specifications for the new 24-inch iMac versus the 21.5-inch model.

24-inch iMac (2021) versus 21.5-inch iMac (2019)

Specifications 2021 iMac 2019 iMac
Starting price $1,299 $1,099
Display 24-inch 4.5K Retina display 21.5-inch 1920 x 1080 LED display
Processor 8-core Apple M1 chip 2.3GHz dual‑core Intel Core i5
GPU 7-core GPU Intel Iris Plus Graphics 640
Memory 8GB of RAM 8GB of RAM
Storage 256GB SSD 256GB SSD
Camera 1080p FaceTime HD camera with M1 image signal processor FaceTime HD camera
Speakers Six-speaker system with force-cancelling woofers Stereo speakers
Colors Blue, Green, Pink, Silver Silver

iMac (small)

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Apple just announced a redesigned new iMac in 7 colors, marking a revival of its iconic colorful computers

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Apple New iMac 2021

Apple just announced a new version of the iMac with a refreshed design that runs on its M1 processor. It comes in a range of colors such as purple, yellow, and blue among others like the iPhone, which is reminiscent of the vintage colorful iMac G3 from the late 1990s. Apple is also highlighting the new iMac’s improved speakers, camera, and microphones as being ideal for working remotely.

Release and pricing information

  • The new iMac is available in four colors starting at $1,299.
  • It’s available in seven colors with additional features beginning at $1,499.
  • Orders start on April 30 and it launches in the second half of May.

What’s new about the 2021 iMac

Apple is highlighting the new iMac’s sleek build, which measures just 11.5 millimeters thin. There are only comes two fans, reducing the computer’s size and keeping it quiet even under high performance.

The screen is 24 inches with a 4.5K resolution, meaning the screen slightly larger than that of the previous model. The iMac will be available in green, yellow, orange, pink, purple, blue, and silver.

The iMac should offer 85% faster CPU performance compared to the latest 21-inch iMac models and twice the GPU performance, the company claims. And iPhone and iPad apps also run on the new iMac since it uses the M1, much like the latest MacBook Pro and MacBook Air.

The iMac comes in two configurations: a $1,299 model with an 8-core GPU, 8GB of RAM, 256GB of storage, two Thunderbolt ports, a Magic Keyboard, and a Magic Mouse. That model is available in green, pink, blue, and silver.

The $1,499 model comes with an 8-core GPU, 8-core CPU, 8GB of memory, 256GB of storage, two Thunderbolt ports, two USB 3 ports, the Magic Keyboard with Touch ID, the Magic Mouse, and Ethernet.

The iMac is also getting a redesigned keyboard and power adapter that attaches to the computer magnetically. The keyboard has Apple’s Touch ID processor, marking the first time Touch ID has come to the desktop.

This story is developing. Please check back for the latest.

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How to mirror your iPhone screen to a Mac computer with QuickTime or AirPlay

  • You can mirror your iPhone screen to a Mac with QuickTime and a Lightning to USB cable, or AirPlay and a third-party app.
  • When you mirror your iPhone to Mac with AirPlay, you need to be on the same Wi-Fi network and use a third-party app like Reflector.
  • When you use QuickTime to mirror content, you don’t need AirPlay or the same Wi-Fi network, but you do need a cable.
  • Visit Insider’s Tech Reference library for more stories.

One of the iPhone’s greatest assets is its connectivity. Built into Apple products are several ways to share what you’re viewing or working on from your iPhone to a Mac.

This can be useful if you want to display a photo album or app on your computer, or play video content directly from iPhone apps like Hulu.

The drawback to mirroring your iPhone to your Mac, however, is that you have to either use the QuickTime app on your Mac, which requires a wired connection, or download a third-party app, like Reflector, which uses AirPlay. Here’s how to do both.

How to mirror your iPhone to a Mac with QuickTime

1. Connect your iPhone to your Mac using your Lightning to USB cable.

2. Open QuickTime on your Mac.

3. Click on “File” in the menu bar at the top of the screen.

4. Click “New Movie Recording.”

mirror6
Under “File,” click “New Movie Recording.”

5. Next to the red record button (bottom middle), click on the down arrow. Select your iPhone from the list of available devices. If it’s not there, try disconnecting and reconnecting your iPhone.

mirror1
Select your iPhone from the drop-down menu to connect to it.

6. Your phone should now be fully mirrored on your computer, in the exact shape of your iPhone screen.

How to mirror your iPhone to a Mac with AirPlay

AirPlay is an Apple feature that lets you wirelessly stream content from one device to another. It’s designed for streaming from an iPhone, iPad, or Mac to an Apple TV or AirPlay-compatible smart TV.

There’s no direct way to AirPlay, or screen mirror, from an iPhone to a Mac, but you can work around that by downloading a third-party app like Reflector, and connecting both devices to the same Wi-Fi network.

To mirror your iPhone to Mac, first download Reflector on Mac. Then open the Control Center on your iPhone, click AirPlay, and select the Mac you want to mirror to.

Here’s a full step-by-step guide.

1. Download the Reflector app on your Mac, and open it.

2. You can either AirPlay content directly from an app that allows for AirPlay like Amazon Prime Video, Hulu, or the NFL app, in this example. Or, you can AirPlay your entire iPhone screen by opening the Control Center.

3. If you’re AirPlaying from within an app, start playing content, like a show or movie, and hit the AirPlay symbol (it’s a rectangle with a solid triangle at the bottom) in the upper-right corner of the video.

mirror3
When playing content within some apps, like Amazon Prime Video, you have the option to AirPlay the video.

If you’re AirPlaying from the Control Center, select the “Screen Mirroring” tile.

mirror5
In the Control Center on your iPhone, select “Screen Mirroring.”

4. Once you’ve selected either the AirPlay symbol from within an app or “Screen Mirroring” from the Control Center, a pop-up will ask you to select a device – tap the name of your Mac.

5. Your iPhone will ask for an AirPlay Code, which will be displayed on your Mac. Type the code into the text box on your iPhone. Your iPhone content will now show up on the Reflector program on your Mac.

mirror2
Your AirPlay content will appear on the computer in the exact quality it appears in on your iPhone.

How to use AirPlay on a Roku player to stream content from an Apple deviceHow to mirror your iPhone’s screen onto a TV using a Chromecast or a Chromecast TVHow to mirror your iPad’s screen onto a Roku, to watch videos and view pictures on a TV screenHow to mirror your Samsung Galaxy S10’s screen onto a Roku player for presentations, gaming, and more

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Apple will no longer produce the iMac Pro as the company reportedly works on innovative new tech, like foldable iPhones and virtual reality gear

iMac Pro
Apple will discontinue its iMac Pro.

Apple will discontinue the iMac Pro after current supplies runs out.

The tech giant will stop making new iMac Pros after inventory runs out, Apple told CNN Business. The $4,999 model comes with a 10, 14, and 18 core processors, Turbo Boost speeds of up to 4.5GHz, and Retina 5K display.

Apple released the iMac Pro, which it called the “fastest and most powerful Mac ever,” in December 2017.

Apple’s announcement comes when the tech behemoth zeros in on new innovation. The company is reportedly working on an autonomous electric car, a foldable phone, and smart glasses.

Jony Ive, Apple’s visionary design guru credited with devising the iMac and iPhone, left the firm in 2019 to form an independent design company. Ive’s exit, along with senior vice president of engineering Dan Riccio’s new assignment, could lead the way for fresh leadership to redefine the future of Apple products, Insider’s Lisa Eadicicco reported.

Read more: Inside Apple’s ambitious next decade, where it could redefine consumer tech with a VR headset, foldable iPhone, and even an Apple Car

Apple reported a record $111 billion in revenue in its fiscal first-quarter earnings, fueled by a successful launch of 5G iPhones and a demand for new hardware as employees worked from home during the pandemic. Sales of iPhones stayed constant even as the company briefly closed stores last year.

The iMac has seen steadily declining sales over the last two decades, accounting for a tenth of Apple’s total revenue as of 2018, down from 86.2% of total revenue back in 2000, per Statista.

Apple updated 21.5-inch and 27-inch iMacs in 2019 with more powerful processors and faster graphics. The update allowed consumers to purchase six-core and eight-core configurations in less expensive iMacs instead of purchasing the $4,999 iMac Pro.

Apple did not immediately respond to Insider’s request for comment.

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5 ways to lock a Mac computer to keep your files secure

Macbook Air
There are many ways to lock a Mac computer.

  • There are many options when it comes to locking a Mac, from simply closing the lid to keyboard shortcuts. 
  • You’ll need to set up a password for your Mac before you can properly lock it.
  • Once you have a password, you’ll need to set your computer’s sleep and wake settings to control how often you need to log into your locked Mac with a password.
  • Visit Business Insider’s Tech Reference page for more stories.

Out of all the measures you should take to protect your digital privacy, locking a device might be the most basic, but it can surely be the most effective.

Whether you’re at school, an office, or even at home, locking your Mac – even if you step away just for a moment – is a no-brainer. Just think of all the sensitive information that’s just a few clicks away: Security codes, work documents, financial statements, all of your social accounts, and more.

There are several ways you can lock your Mac, which we outline below. But before you can do that, you’ll want to set up a password for your computer. Here’s everything you need to know.

Setting up a password on Mac

In order to lock your Mac, you’ll need to first set up a password. This password will be required for both logging into your Mac as well as approving changes to your computer.

1. Click the Apple icon, located in the top-left corner of your screen and select “System Preferences.”

2. Click “Security and Privacy” 

3. In the General tab, check the box that says “Require password.” You can also set the timing of the password, from “immediately” up to “8 hours.” It’s important to choose “immediately” if you want your computer to automatically lock when it goes to sleep or screensaver mode. 

set password security privacy
Choosing “immediately” gives you the best protection.

We should also note that clicking “Advanced” in the lower-right hand corner of the window allows you to specify how long your computer can be idle before it automatically logs out and requires a password to get back in. This is an ideal last line of defense against would-be intruders.

Once your password is set, you’ll be able to lock your Mac in several different ways – the best method depends on your habits and preferences, and if you typically use your computer in a private or public setting.

Closing the lid

If you’re working on a MacBook, you can simply close the lid. This by far the easiest method, but only works if you’ve set the computer to “immediately” lock when you set up your password. 

Apple menu bar

apple menu bar lock screen
Using the Apple menu bar is another easy way to lock your computer.

Another simple way to lock your Mac is from the Apple icon in the menu bar. From the Apple icon dropdown menu, click on “Lock Screen.”

Using keyboard shortcuts

You can easily lock your Mac from your keyboard:

  • Press Control + Command + Q: This shortcut will take you directly to the lock screen. 
  • Press Control + Shift + Power button: This shortcut will turn your displays off only – background tasks, like music, will continue. 
  • Press Command + Option + Power button:  This shortcut will put your computer into sleep mode.

Note: If you’re using an older Mac with a media eject button, press the Eject button in place of the Power button. 

Using Hot Corners

If you prefer locking your screen with a flick of the wrist, you can set a shortcut so your screen goes into screensaver mode when you move your pointer to a certain corner of the screen. This feature is called Hot Corners, and here’s how to set it up:

1. Click the Apple icon. From the dropdown menu, click “System Preferences.”

lock screen desktop screensavers
Hot Corners can be accessed from the “Desktop & Screen Saver” menu.

2. Click “Desktop & Screen Saver”

lock screen hot corners
Click into the Screen Saver tab to access Hot Corners.

3. In the window that pops up, navigate to the “Screen Saver” tab, then click “Hot Corners.”

lock screen hot corners choose
Choose the corner you want to use.

4. Click the pop-up menu for the corner you want to use, and choose “Start Screen Saver,” then click “OK.” Now, whenever you move the cursor to the corner selected, your computer will enter screensaver mode.

Using the Mac Touch Bar

If you have a MacBook Pro with a Touch Bar, you can customize it to include a “Screen Lock” icon.

1. Click the Apple icon and open System Preferences. 

lock screen touch bar keyboard
Navigate to the “Keyboard” in System Preferences.

2. Click “Keyboard.”

touch bar control strip
You can rearrange what shows up in your Touch Bar here.

3. From the Keyboard menu, click “Customize Control Strip.”

4. An icon menu will pop up from the bottom of your screen. Find the “Screen Lock” icon and drag it into the touch bar. You can arrange the buttons any way you like.

lock screen touch bar
Drag the “Screen Lock” icon down into your Touch Bar.

5. Once complete, click “Done.” You’ll now be able to lock your screen via the Touch Bar.

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