Apple Likely to Fall Short of 6 Million iPhone Pros
28 November 2022 - 11:09AM
TipRanks
On Monday, Bloomberg reported that Apple (NASDAQ: AAPL) could
experience a shortfall of around 6 million iPhone Pro units this
year due to the unrest at the Zhengzhou manufacturing hub in China.
This manufacturing facility is operated by AAPL's iPhone supplier,
Foxconn. The Zhenghou Foxconn plant has been facing one challenge
after another including COVID-related disruptions and was further
hurt by violent protests by workers last week due to delayed
bonus payments. Employees had earlier expressed their
disappointment over the working conditions at the plant amid
stringent COVID restrictions.
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