New data shows Apple Pay growing extremely fast, mostly hurting PayPal - analyst
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Apple (AAPL) shares slide after TF Securities analyst cuts estimates on supply worries
November 29, 2022 11:48 AM ESTApple (NASDAQ: AAPL) shares dropped Tuesday after TF International Securities analyst Ming-Chi Kuo cut his 4Q22 iPhone shipments and said there are significant downside risks to the Apple and iPhone supply chain due to the Zhengzhou iPhone plant labor protests.
Kuo stated that the total iPhone 14 Pro... More
Apple (AAPL) stock: Analysts lower numbers to reflect ongoing China woes
November 29, 2022 8:03 AM ESTApple (NASDAQ: AAPL) stock closed 2.6% lower yesterday - a new 3-week low - on the back of the continued supply chain headwinds coming from China.
Bloomberg News reported in recent days that Apple could see a production shortfall of close to six million iPhone Pro units this year as major supplier Foxconn struggles to keep its key factory in Zhengzhou at full operational capacity.
Both Apple and Foxconn said they... More
