Apple iPhone 14 Shipments Might Not Be Delayed

Apple iPhone 14 Shipments Might Not Be Delayed

Even as Foxconn predicts a good year ahead, another iPhone assembler, Pegatron, has been bleeding heavily due to the impact of the Covid lockdowns in Shanghai. According to the report, the company saw its revenues plummet by as much as 35 percent in April, while MacBook manufacturer Quanta Computer’s revenues fell a whopping 40 percent during the same month due to the lockdowns. However, Foxconn’s latest assertion suggests that despite Covid-related supply disruptions, iPhone 14 production is likely in full swing, meaning Apple will still get to announce the new lineup this September before shipping it in the next few weeks, like every year.

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While Foxconn doesn’t expect iPhone production to be hampered by the lockdowns in China, Apple itself is said to be bracing for a slow year. According to a Bloomberg report from last week, Apple has lowered its target for iPhone sales this year amidst increasing inflation, the war in Ukraine and Covid-related supply chain disruptions. The company is reportedly planning to produce only around 220 million iPhones this year – roughly the same as in 2021 and about 20 million less than analyst estimates.
Source: Nikkei Asia

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#Apple #iPhone #Shipments #Delayed

Apple iPhone 14 Shipments Might Not Be Delayed

Even as Foxconn predicts a good year ahead, another iPhone assembler, Pegatron, has been bleeding heavily due to the impact of the Covid lockdowns in Shanghai. According to the report, the company saw its revenues plummet by as much as 35 percent in April, while MacBook manufacturer Quanta Computer’s revenues fell a whopping 40 percent during the same month due to the lockdowns. However, Foxconn’s latest assertion suggests that despite Covid-related supply disruptions, iPhone 14 production is likely in full swing, meaning Apple will still get to announce the new lineup this September before shipping it in the next few weeks, like every year.

googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1535570269372-ccr3’); });

While Foxconn doesn’t expect iPhone production to be hampered by the lockdowns in China, Apple itself is said to be bracing for a slow year. According to a Bloomberg report from last week, Apple has lowered its target for iPhone sales this year amidst increasing inflation, the war in Ukraine and Covid-related supply chain disruptions. The company is reportedly planning to produce only around 220 million iPhones this year – roughly the same as in 2021 and about 20 million less than analyst estimates.
Source: Nikkei Asia

googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1550597677810-0’); });

#Apple #iPhone #Shipments #Delayed