Apple Could Face 10% Hit to iPhone Production on Foxconn Disruption: Analyst - Barron's

2 years ago 35

Apple is facing a imaginable iPhone accumulation shortfall arsenic protests proceed to disrupt operations astatine large supplier Foxconn ‘s largest mill successful China. 

Apple (ticker: AAPL) could look astatine slightest a 5% deed to iPhone accumulation this 4th and up to 10%, depending connected accumulation by Foxconn analysts astatine Wedbush led by Daniel Ives estimated successful a probe enactment connected Monday. Apple precocious lowered its quarterly accumulation people to astir 87 cardinal units from 90 million. 

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