iPhone 14 Pro, iPhone 14 Pro Max Estimates Cut by Morgan Stanley
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Apple's most in-demand iPhones, the iPhone 14 Pro and iPhone 14 Pro Max, will fall short of earlier shipment estimates by 6 million units.
Apple Inc.'s most in-demand iPhones this year, the premium iPhone 14 Pro and iPhone 14 Pro Max models, will fall short of earlier shipment estimates by 6 million units, due to the disruption at their main assembly hub in China, Morgan Stanley said in a note.Assemblers of the iPhone are now expected to ship 79 million units in the current quarter, analysts led by Sharon Shih wrote this week. The shortfall from the previous 85 million handsets estimate is entirely down to the iPhone 14 Pro and 14 Pro Max, assembled at the Zhengzhou facility in central China, hit by a surprise weeklong lockdown after a Covid outbreak. Apple acknowledged delays ...