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  IBM's Chip Woes Weigh on Apple
Time: 20:24 EST/01:24 GMT | News Source: Reuters | Posted By: Erick Cordero

IBM's production problems with the speedy chip used in Apple Computer Inc.'s high-end computers, which led Apple to take the unusual step of delaying its next-generation iMac, underscored the risks of relying on a single supplier but won't hurt financial results in the short term.

Cupertino, California-based Apple will suffer a small financial hit, said Roger Kay, a PC analyst at market research firm IDC, noting that the new iMac will miss out on the crucial back-to-school season. Education sales account for about 25 percent of Apple's total revenue.

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