iPhone supply disruptions China weigh on Apple, temporary headwind - CNBC

1 year ago 29

Customers look astatine the iPhone13 smartphones astatine apple's flagship store successful Shanghai, China.

Xing Yun | Future Publishing | Getty Images

JPMorgan connected Monday chopped Apple's (AAPL) iPhone shipment forecast amid uncertainty implicit erstwhile accumulation astatine a cardinal assembly works successful China volition afloat resume, predicting gross and net declines successful the existent quarter. But adjacent with expected proviso disruptions, the Club remains optimistic connected Apple's quality to marque up accumulation shortages successful airy of Beijing's caller determination to statesman easing Covid-19 restrictions.

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