Apple’s iPhone Issues Could Hit Revenue. Why Analysts Say Not to Worry.




Apple


is facing delivery problems for some iPhones as issues at a critical factory in China continue. But analysts are playing down the potential long-term impact on the company.

Apple (ticker: AAPL) has had a turbulent couple of weeks. At the end of October, media reports came out that the largest iPhone factory, a


Foxconn


plant in Zhengzhou, was struggling to manage a Covid-19 outbreak. About a week later, Apple released a statement saying that the Zhengzhou facility was “operating at significantly reduced capacity” and that customers should expect to experience longer wait times on certain products.



Source link


Posted

in

by

Tags:

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *