HackerNews Summary (2023-05-19 03AM)

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Tech

Source: Raspberry Pi CEO Eben Upton Discusses Stock Updates, Industry Prioritization

Summary
Raspberry Pi’s CEO, Eben Upton, spoke with YouTuber Jeff Geerling about the company’s product shortages and backlog. Upton revealed that the quarter one of 2023 was the worst production and shipment-wise since Q3 of 2015, but that there has been a shift to a “really healthy level” now.

Fact

  • 📈 A low output quarter for Raspberry Pi in Q1 2023 was 750,000 to 800,000 units, which is considered not many Raspberry Pis made at all.
  • 🚀 Even as production reaches a healthy level, large amounts of Raspberry Pi production are still getting swallowed up by the backlog created by the pandemic and supply chain issues.
  • 🕰️ Upton predicts that by Q4 of 2023, Raspberry Pi’s stock should return to pre-pandemic levels.

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