Apple iPhone shipments seen sagging under China disruptions
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Apple Inc has warned that worker unrest at the world's biggest iPhone factory in China would impact shipments of higher-end models.
Apple Inc has warned that worker unrest at the world's biggest iPhone factory in China would impact shipments of higher-end models of the device in the holiday quarter. Some Wall Street analysts have started estimating a hit from disruptions, which have weighed on shares of the world's most valuable company. Here are their predictions: Estimate Brokerage Wedbush Securities Shortages to result in 5% to 10% fewer units sold in the quarter; Says shutdowns to cost Apple about $1 billion a week in lost iPhone sales Susquehanna Sees a 10 million hit to shipments, with total shipments of 70 million iPhones TF International Disruptions to impact iP...