Apple Stock Won't Feel the Full Impact of China Production Woes, Analyst Says - Barron's

1 year ago 46

Finally there’s immoderate bully quality for Apple (ticker: AAPL) coming retired of China. The metropolis of Zhengzhou–home to the world’s largest iPhone assembly factory–has lifted its lockdown restrictions aft 5 days.

But the harm to iPhone production, up of the cardinal vacation period, whitethorn person already been done. Protests astatine the Foxconn works successful caller days, arsenic good arsenic Covid-19 measures, person led to analysts predicting terrible shortages of iPhone 14 Pro models.

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