Apple has long been considered the stock market darling of the tech industry, defying trends even through one of the worst recessions in recorded history. Marketing mojo seems to be capable of overcoming any manmade disaster, but this time they find themselves at the mercy of an even more powerful force, Mother Nature.
According to multiple sources several components found in the company’s most popular products such as the iPhone and iPad rely on suppliers impacted by the Earthquake in Japan. The affected parts according to iFixit are the NAND flash chips used for storage, the system RAM, the compass, and even part of the touch screen assembly.
It’s difficult to say with exact certainty if Apple will be able to work around these potential supply chain issues, but it seems Wall Street is bracing for the worst and hoping for the best.