A devastating earthquake and tsunami earlier this month in Japan caused shortages of electronic components. It will also result in increased prices. Currently, Apple has to find alternative manufacturers for components of their new iPad2. While Apple may be able to find substitute manufacturers, those same manufacturers realize they have Apple in a desperate situation, and are charging more for those parts. In addition to Apple finding itself in a bind, consumer electronics as a whole are finding shortages of components. And of course, the old “supply and demand” axiom is pushing prices up.
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