Tag: iphone 14 pro china

iPhone 14 Pro, iPhone 14 Pro Max Estimates Cut by Morgan Stanley
Technology

iPhone 14 Pro, iPhone 14 Pro Max Estimates Cut by Morgan Stanley

[ad_1] 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 ...
Apple Trims iPhone 14 Output by 3 Million Units as Demand Cools
Technology

Apple Trims iPhone 14 Output by 3 Million Units as Demand Cools

[ad_1] Apple Inc. expects to produce at least 3 million fewer iPhone 14 handsets than originally anticipated this year, according to people familiar with its plans. Apple Inc. expects to produce at least 3 million fewer iPhone 14 handsets than originally anticipated this year, according to people familiar with its plans. The company and its suppliers now aim to make 87 million devices or fewer, compared with a target of 90 million units earlier, the people said, asking not to be named discussing private information. The reduction is primarily due to softer demand for the iPhone 14 and 14 Plus models, cheaper alternatives to the high-end Pro offerings. That comes in addition to supply problems in places like Zhengzhou, which is home to the main iPhone assembly site and is under a ...
Want iPhone 14 Pro or Max? Then read this
Technology

Want iPhone 14 Pro or Max? Then read this

[ad_1] Apple Inc. is warning customers they'll have to wait longer to get its latest iPhone models after anti-virus restrictions were imposed on a contractor's factory in central China. Apple Inc. is warning customers they'll have to wait longer to get its latest iPhone models after anti-virus restrictions were imposed on a contractor's factory in central China. The company announcement Sunday gave no details but said the factory operated by Foxconn in the central city of Zhengzhou is “operating at significantly reduced capacity.” “We now expect lower iPhone 14 Pro and iPhone 14 Pro Max shipments than we previously anticipated,” the company said. “Customers will experience longer wait times to receive their new products.” Foxconn Technology Group said earlier it imposed anti-vi...
Apple iPhone 14 hit by COVID curbs in China
Technology

Apple iPhone 14 hit by COVID curbs in China

[ad_1] Apple Inc expects lower shipments of premium iPhone 14 models than previously anticipated following a significant production cut at a virus-blighted plant in China. Apple Inc expects lower shipments of premium iPhone 14 models than previously anticipated following a significant production cut at a virus-blighted plant in China, dampening its sales outlook for the busy year-end holiday season.Demand for high-end smartphones assembled at Foxconn's Zhengzhou plant has helped Apple remain a bright spot in a technology sector battered by consumer spending cutbacks amid surging inflation and interest rates. But the Cupertino, California-based vendor has fallen victim to China's zero-COVID-19 policy, which has seen global firms including Canada Goose Holdings Inc and Estee Lauder Comp...