Apple iPhone Sales Forecasts Keep Sliding as Foxconn Production Remains Muted - Barron's

Slowly but surely, Wall Street is tamping down expectations for Apple ‘s December 4th iPhone sales. Investors are grappling with just however debased the bottommost is, whether income are being lost oregon simply delayed—and however overmuch the planetary macroeconomic downturn volition impact demand.

Monday brought the latest flurry of commentary from the Street connected the December outlook, with estimates for iPhone 14 Pro and Pro Max models continuing to autumn successful the look of ongoing Covid-related accumulation issues astatine the Foxconn assembly works successful Zhengzhou, China.