Apple is projecting billions in lost revenue to the supply constraints placed on the company during strict lockdowns in China.
The Chinese Communist Party’s strict COVID-19 control policies have significantly limited Apple’s consumer product output, according to one of its suppliers.
In April, Apple predicted that supply constraints would cost the company up to $8 billion in revenue for the current quarter.On May 12, Taiwanese contract manufacturer Pegatron, one of Apple’s largest suppliers for specific iPhone models, said operations at its major assembly plant in Shanghai were constrained by citywide lockdown measures and the company expected output to drop this quarter.The […]
Read the rest of this story here: slaynews.com
Ira Bershatsky offers consultations to those who want to invest in precious metals. During these consultations, he will match your current financial situation with the best physical precious metal purchases whether you want to rollover your IRA or have coins discreetly shipped to your home. You will not talk to a telemarketer or sales rep. You will talk to a true expert in precious metals with decades of experience helping people protect and advance their wealth.
