Apple (AAPL) facing major iPhone shortages across the board
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Black Friday Checks Show Major iPhone (AAPL) Shortages 'Across the Board' - Wedbush
November 25, 2022 10:41 AM ESTWedbush analyst Daniel Ives reiterated an Outperform rating and $200.00 price target on Apple (NASDAQ: AAPL), but noted Black Friday store checks showed major iPhone shortages across the board.
For an analyst ratings summary and ratings history on Apple... More
Google is making a big push to rival Apple for NFL Sunday Ticket rights - NYT
November 25, 2022 9:08 AM ESTThe New York Times reported Wednesday that negotiations for NFL Sunday Ticket will extend into next year. The report is in contrast with comments from NFL Commissioner Roger Goodell, who told CNBC in July that the new media partner for Sunday Ticket will be selected by fall.
While Apple (NASDAQ:... More
Tesla, Manchester United rise premarket; Activision Blizzard, Apple fall
November 25, 2022 8:08 AM ESTBy Peter Nurse
Investing.com -- Stocks in focus in premarket trade on Friday, November 25th. Please refresh for updates.
Tesla (NASDAQ: TSLA) stock rose 2% after the electric car manufacturer said its Full Self Driving... More
Apple (AAPL) could see a $6B hole in FQ1 iPhone revenue due to Foxconn troubles - analyst
November 25, 2022 5:21 AM ESTApple's (NASDAQ: AAPL) biggest supplier Foxconn could reduce iPhone output by at least 30% at its key factory in China as worker unrest continues, according to Reuters.
A source familiar with the situation at Foxconn told Reuters that it is impossible for the electronics contract manufacturer to resume full production by the end of the month. As a result, Foxconn has been forced to make an upward revision of its internal forecast for production impact.
The report came after Apple said it is working with Foxconn to resolve worker issues at the... More
Exclusive: Foxconn woes could hit at least 30% of iPhone Nov shipments from China plant - source
November 25, 2022 12:49 AM ESTTAIPEI (Reuters) - Production of Apple Inc's iPhones could slump by at least 30% at Foxconn's factory in China's city of Zhengzhou after worker unrest disrupted operations, a person with direct knowledge of the matter told Reuters on Friday.
The estimate was an upward revision of an October internal... More
Apple (AAPL) could sell 2 million fewer iPhone 14 units for Black Friday, warns analyst
November 23, 2022 9:04 AM ESTWedbush analyst Daniel Ives believes demand for iPhone 14 is way ahead of supply with elevated lead times for high-end models like iPhone 14 Pro and Pro Max. Major shortages are developing for the upcoming Black Friday weekend as Apple struggles to increase supply to meet strong iPhone demand.
It has been widely reported this morning that major protests erupted at... More
Nordstrom, Apple, VMware fall premarket; Deere, HP rise
November 23, 2022 8:08 AM ESTBy Peter Nurse
Investing.com -- Stocks in focus in premarket trade on Wednesday, November 23rd. Please refresh for updates.
Nordstrom (NYSE: JWN) stock fell 7.7% after the upstream clothing retailer said net sales at its retail stores fell 3.4% in its third quarter,... More
Protests, clashes erupt at Apple's (AAPL) biggest iPhone factory in China
November 23, 2022 5:52 AM ESTApple (NASDAQ: AAPL) could face more iPhone supply headwinds after videos, circulated widely online, showed hundreds of workers confronting security and police at the worlds biggest iPhone factory in China.
Videos showed confrontations and clashes between factory workers and riot police with one of the live streamers saying police used... More