Apple Set for Black Friday iPhone Shortage, Analyst Says. Forget Happy Holidays. - Barron's

The interaction of China’s strict Covid-19 policies connected Apple ‘s manufacturing output is acceptable to beryllium laid bare connected Black Friday, with request for the iPhone 14 “way up of supply,” according to analysts. It doesn’t bode good going into the cardinal vacation play ahead.

China’s pugnacious “zero Covid” policies, which person led to restrictions including mill shutdowns, person been a “gut punch” to Apple (ticker: AAPL) successful the 4th quarter, analysts Daniel Ives and John Katsingris of Wedbush wrote successful a enactment Wednesday.