Apple iPhone shipments seen sagging under China disruptions | Tech News

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.

By:REUTERS
| Updated on: Dec 08 2022, 23:58 IST
iPhone 14 in photos: A quick glance at Apple’s fascinating new flagship
iPhone 14
1/5 The iPhone 14 features a 6.1-inch Super XDR OLED display with Ceramic Shield Protection. The iPhone 14 gets the same but smaller notch design and form factor as last year’s iPhone 13. (Apple)
image caption
2/5 The iPhone 14 is powered by Apple’s A15 Bionic chipset which powered last year’s iPhone 13. Although Apple has claimed that this year’s A15 Bionic is an improved version of last year’s chipset. The A15 Bionic, although an year old, is still the fastest chipset in the market yet, making iPhone 14 still an amazing smartphone. It houses a 5 core GPU and a 6 core CPU. (Apple)
image caption
3/5 Phone 14 gets the same 12MP main camera with a larger sensor with f/1.5 aperture lens and sensor shift stability. Apple claims an improvement of 49 percent in low light photography. and the 12MP ultra-wide camera. The front camera also uses the 12MP sensor with f/1.9 aperture. (Apple)
image caption
4/5 iPhone 14 also has a new gyroscope sensor that can detect impacts of up to 256G. Apple also brings support for satellite connectivity on the iPhone 14, called Emergency SOS via satellite. Users can now use the Find My app to share their location with contacts. The service will be available from November 2022 and will be free for use for two years. (Apple)
image caption
5/5 The price of the iPhone 14 starts at $799 for the 128GB variant. There is a 256GB variant which is priced at $899. If you want to go even bigger, the iPhone 14 also has a 512GB variant which is priced at $999. It is available in 5 colours - Midnight, Starlight, Blue, Purple, and Product Red. (Apple)
iPhone 14
icon View all Images
Estimate Brokerage Wedbush Securities Shortages to result in 5% to 10% fewer units sold in the quarter. (Bloomberg)

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

More about Apple iPhone 14
Apple iPhone 14
  • Blue
  • 6 GB RAM
  • 128 GB Storage
See full Specifications

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

Also read
Looking for a smartphone? To check mobile finder click here.

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.

Morgan Stanley

Lowers its estimates for iPhone shipment for Dec-quarter by 3 million to 75.5 million units.

Catch all the Latest Tech News, Mobile News, Laptop News, Gaming news, Wearables News , How To News, also keep up with us on Whatsapp channel,Twitter, Facebook, Google News, and Instagram. For our latest videos, subscribe to our YouTube channel.

First Published Date: 08 Dec, 23:57 IST
NEXT ARTICLE BEGINS