Apple Can Manage Through iPhone Production Disruptions in China, Analyst Says - Barron's

The world’s biggest iPhone assembly tract successful China has been dealing with Covid-19 lockdowns, but a BofA Securities expert said different facilities tin grip the disruption.

Reports person said Apple (ticker: AAPL) supplier Foxconn was struggling to grip a Covid-19 outbreak astatine its Zhengzhou facility successful mainland China. The quality was peculiarly concerning for Apple since the Zhengzou mention is liable for astir 50% of iPhone production, according to BofA Securities expert Wamsi Mohan. Reuters reported that the disruption could origin iPhone accumulation astatine the Zhengzhou tract to autumn by arsenic overmuch arsenic 30% successful November.