Apple Issues iPhone Supply Warning. But the Real Issue Is Demand.

Big Tech just can’t catch a break. After a dismal earnings season, in which


Apple


was one of the only bright sparks, the tech giant offered up its own bad news Sunday.

Apple said Covid restrictions in China are slowing shipments of its iPhone 14 Pro and Pro Max models, with its main assembly site in Zhengzhou operating at “significantly reduced capacity.”

Source: https://www.barrons.com/articles/things-to-know-today-51667819952?siteid=yhoof2&yptr=yahoo