Apple: COVID-19 will hit iPhone supplies

Apple has warned that COVID-related disruptions mean it will not be able to meet demand for iPhone 14 Pro and Pro Max, forcing customers to wait longer to get hold of the new smartphones and undercutting sales in the current quarter.

iPhone production hit by new lockdowns

The company confirmed this news in a short statement on Sunday. It’s unusual for a company to make statements on Sundays, suggesting Apple expects these events to impact its trading results, something it must disclose.

To read this article in full, please click here