Given the fact that process node changes are coming more slowly, and TSMC's delayed 3nm node has finally hit volume production, I have a pretty good reason not buy in at the tail end of 5nm.

> Apple Has Procured TSMC's Entire First Run of 3nm Chips

https://www.extremetech.com/computing/343291-apple-has-procu...

I think lower sales are a result of the previous pandemic purchase spike, along with the M1 upgrade spike, in addition to people holding off due to the imminent release of 3nm chips.