Tuesday, April 16, 2024
Latest News
I.M.F. Sees Steady Growth but Warns of Rising Protectionism Monorail services disrupted for hours due to guiding wheel tire burst | Mumbai News This start up is making comfortable 'homes' for Moon and Mars colonization Paris Games: France’s Macron calls on China to help with 3-week ‘Olympic truce’ as Russia, Israel divide world opinion Watch: Avesh Khan grabs a one-handed blinder on his follow-through, takes Samson's glove and shows it to dressing room | Cricket News Evolution Equity Partners raises $1.1B for new cybersecurity and AI fund Second GOP lawmaker backs ousting House speaker, putting Johnson's job in peril Magnitude 2.8 earthquake reported in View Park-Windsor Hills 700 inmates get job in hotel industry, 1200 more to get employed soon: Tihar prisons chief | India News Is Aadhaar mandatory for investment in small savings schemes such as Senior Citizen Savings Scheme, PPF, NSC, Sukanya Samriddhi Yojana? | Business WhatsApp introduces 'Recent Online Contacts' feature: What is this and how to use it NASA's plan to bring Mars samples to Earth undergoes revision due to budget cuts Election Commission Of India: 48.76cr Drugs, 19.27cr Liquor Seized From Mar 1 To Apr 13 | Guwahati News China’s GDP growth beat expectations – so why are analysts and business groups still downbeat? US, Chinese defence chiefs talk for first time in more than two years Samsung has good news for Galaxy S22 users: OneUI 6.1 update to bring latest Galaxy AI features and more Copenhagen’s Old Stock Exchange Building Partly Collapses in Fire Former UK leader Liz Truss backs Trump and blames others for her ouster after 49 days Biden under fire for shutting down US oil production, urged to impose sanctions on Venezuela Possession Of Ganja: Two Youths Held For Possession Of Ganja, Luxury Car Seized | Coimbatore News CBDT signs record number of 125 Advance Pricing Agreements in fiscal 2023-24 Gay cruising hotspot or sacred Hong Kong wishing tree? It is both in this art exhibition by Trevor Yeung SCMP Best Bets: Beast can scare off rivals at Happy Valley | HK Racing Justice Thomas returns to Supreme Court after 1-day absence 404 | Fox News 'I can feel Begunia residents' support for Congress, my family' | Bhubaneswar News Rumoured couple Sonakshi Sinha and Zaheer Iqbal's relationship decoded by body language expert China’s top diplomat Wang Yi to push belt and road during visits to Indonesia, Cambodia and Papua New Guinea Luck finally eludes Shreyas Iyer! KKR skipper loses toss against RR despite kissing coin before flipping | Cricket News Electric vehicles: China’s Chery Automobile enters UK’s car rental business as its Omoda EVs are leased out by Octopus
HomeTechApple iPhone shipments seen sagging under China disruptions

Apple iPhone shipments seen sagging under China disruptions


Apple Inc has warned that worker unrest at the world’s biggest iPhone factory in China would impact shipments of higher-end models of the device in the holiday quarter.

Apple Inc has warned that worker unrest at the world’s biggest iPhone factory in China would impact shipments of higher-end models of the device in the holiday quarter. Some Wall Street analysts have started estimating a hit from disruptions, which have weighed on shares of the world’s most valuable company. 

Here are their predictions: 

* Estimate Brokerage Wedbush Securities Shortages to result in 5% to 10% fewer units sold in the quarter; Says shutdowns to cost Apple about $1 billion a week in lost iPhone sales. 

Not sure which
mobile to buy?

* Susquehanna Sees a 10 million hit to shipments, with total shipments of 70 million iPhones

* TF International Disruptions to impact iPhone shipments Securities by about 20% to between 70 million and 75 million units 

* CFRA Research Sees as much as 5% to 10% downside to its original iPhone shipment estimate of 82 million units 

* KGI Securities Lost iPhone production to be about 10 mln units, or about 12% lower iPhone shipments compared with a year ago 

* Evercore ISI Shutdowns to have impact of 5 million to 8 million units

* Piper Sandler Cuts its estimate for iPhone sales to 74 million for the Dec-quarter, as it sees a hit of 9 million units. Expects an impact of $8 billion in the quarter. 




Source link

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Recent Comments

Latest News