Apple’s iPhone Issues Could Hit Revenue. Why Analysts Say Not to Worry. - Barron's

Apple is facing transportation problems for immoderate iPhones arsenic issues astatine a captious mill successful China continue. But analysts are playing down the imaginable semipermanent interaction connected the company.

Apple (ticker: AAPL) has had a turbulent mates of weeks. At the extremity of October, media reports came retired that the largest iPhone factory, a Foxconn works successful Zhengzhou, was struggling to negociate a Covid-19 outbreak. About a week later, Apple released a statement saying that the Zhengzhou installation was “operating astatine importantly reduced capacity” and that customers should expect to acquisition longer hold times connected definite products.