Apple Is Facing Supply Chain Issues. An Analyst Says Buy the Stock Anyway. - Barron's

Stop worrying astir Apple iPhone accumulation problems and bargain the stock. That’s the latest proposal from Morgan Stanley hardware expert Erik Woodring.

On Sunday, Apple issued an antithetic statement, noting that Covid-19 related shutdowns astatine the iPhone 14 and iPhone 14 Pro Max assembly installation successful Zhengzhou, China is “operating astatine importantly reduced capacity.” Apple said the effect would beryllium lower-than-expected income of the 2 models for immoderate unspecified clip period, with longer pb times for purchasers.