Apple warned investors and customers on Sunday that it expects to ship fewer iPhone 14 Pro and iPhone 14 Pro Max units as the world’s most valuable tech firm grapples with the ongoing Covid-19 lockdown in China.
The company said it continues to see strong demand for the pro models of the new iPhone 14 lineup, but the lockdown restriction has prompted it to slash its earlier shipment estimates. The warning comes at a crucial time for Apple as the company, like many others, prepares for the holiday shopping season.
“The facility [located in Zhengzhou, China] is currently operating at significantly reduced capacity. As we have done throughout the COVID-19 pandemic, we are prioritizing the health and …
