Apple’s iPhone shipments seen sagging under China disruptions

Apple Inc warned in November that worker unrest at the world’s largest iPhone factory in China would affect shipments of higher-end models during the holiday quarter.

Some Wall Street analysts have begun to estimate the impact from the disruption, which has already hit shares of the world’s most valuable company. Here are their predictions:

The brokerage estimated the Wedbush stock shortage resulted in a 5% to 10% drop in unit sales for the quarter; Says the outage costs Apple about $1 billion a week in lost iPhone sales.

Susquehanna sees a shipment of 10 million units, for a total of 70 million iPhone shipments.

TF International’s disruption affects iPhone Stock shipments by about 20% to between 70 million and 75 million units.

The CFRA study showed a 5% to 10% drop from the original iPhone shipment estimate of 82 million units.

KGI Securities iPhone production is down to about 10 million units, or about 12% lower iPhone sales than a year ago.

Evercore ISI Shutdown has an impact of 5 million to 8 million units.

Piper Sandler Cuts iPhone sales estimate to 74 million for the December quarter, as it hit 9 million units. It is expected to have an impact of $8 billion in the quarter.

Morgan Stanley Lower estimates iPhone shipments in the December quarter fell by 3 million to 75.5 million units.

JPMorgan lowered its estimate for iPhone shipments for the December quarter by about 4 million units to about 70 million units.

However, it raised its Q3 shipment forecast to around 63 million units from its previous estimate of around 61 million.

This story was published from the wire dealer’s feed without text modification.

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