Apple Q1 2023 Revenue Will Be Badly Hit For Another Month Or More
Apple Q1 2023 revenue seems certain to be badly hit following disruption to iPhone 14 production, with a Foxconn source today saying that production is not expected to return to normal levels until late December, or early January. The company says that the COVID-19 outbreak within its biggest plant has now been “brought under control,” but did not give any official timeline for restoring full production … Background Zhengzhou, colloquially known as iPhone City thanks to being home to the world’s largest iPhone assembly plant, was placed into lockdown two weeks ago – with most of the city reopening late last week....