Factbox-Apple’s iPhone shipments seen sagging underneath China disruptions By Reuters


© Reuters. FILE PHOTO: The Apple iPhone 14 is seen on the Apple Fifth Avenue retailer in Manhattan, New York Metropolis, U.S., September 16, 2022. REUTERS/Andrew Kelly/File Picture

(Reuters) – Apple Inc (NASDAQ:) has warned that employee unrest on the world’s largest iPhone manufacturing unit in China will affect shipments of higher-end fashions of the gadget within the profitable vacation quarter.

Some Wall Avenue analysts have began estimating the hit from the disruptions, which have weighed on shares of the world’s most useful firm. Listed below are their predictions:



Wedbush Securities Shortages to end in 5% to 10% fewer

items offered within the quarter; Says

shutdowns to price Apple about $1

billion every week in misplaced iPhone gross sales

Susquehanna Sees a ten million hit to shipments,

with whole shipments of 70 million


TF Worldwide Disruptions to affect iPhone shipments

Securities by about 20% to between 70 million and

75 million items

CFRA Analysis Sees as a lot as 5% to 10% draw back to

its authentic iPhone cargo estimate

of 82 million items

KGI Securities Misplaced iPhone manufacturing to be about 10

mln items, or about 12% decrease iPhone

shipments in contrast with a yr in the past

Evercore ISI Shutdowns to have affect of 5 million

to eight million items

Source link