Apple says that COVID-19 restrictions at an iPhone factory in China have 'temporarily impacted' shipments of its flagship phone.
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"We continue to see strong demand for iPhone 14 Pro and iPhone 14 Pro Max models," Apple said in a statement. "However, we now expect lower iPhone 14 Pro and iPhone 14 Pro Max shipments than we previously anticipated and customers will experience longer wait times to receive their new products." Foxconn, as Hon Hai Precision Industry is known, turned its Zhengzhou facility into a "closed-loop" factory because of concerns about COVID-19 in the surrounding area, according to a report last week by Morgan Stanley analysts.
The logo of Foxconn is pictured on top of the company's headquarters in New Taipei City, Taiwan, on Oct. 31, 2022.Taiwan-based Foxconn issued a current-quarter outlook on Monday, saying it was originally "cautiously optimistic," but "due to the pandemic affecting some of our operations in Zhengzhou, the company will 'revise down' the outlook for the fourth quarter."
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