Monday, January 30, 2023
New York CT
No Result
View All Result
  • Home
  • News
  • Health
  • Business
  • Politics
  • Opinion
  • Sports
  • Entertainment
  • Fashion
  • Tech
  • Home
  • News
  • Health
  • Business
  • Politics
  • Opinion
  • Sports
  • Entertainment
  • Fashion
  • Tech
No Result
View All Result
newyorkCT
No Result
View All Result
Home Business

Demand for iPhone 13 lineup plummets ahead of holidays: report

admin by admin
December 2, 2021
in Business
0
Demand for iPhone 13 lineup plummets ahead of holidays: report
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


Apple has instructed suppliers that demand for its new iPhone 13 lineup has fallen forward of the vacation season — and issues could not get a lot better within the new 12 months, in response to a report. 

The obvious lack of demand comes after Apple reportedly slashed its 2021 iPhone manufacturing aim from 90 million to as little as 80 million amid ongoing supply chain issues.

The tech big had hoped to make up for the misplaced gross sales in early 2022 however is now frightened that an anticipated surge of orders could not happen, Bloomberg reported late Monday.   

Some consumers might be holding out for 2022’s slate of recent iPhones, that are usually unveiled in September. They’re anticipated to characteristic greater modifications than this year’s iPhone 13 lineup, which noticed comparatively minor upgrades to its digicam and processor.

Different potential consumers could also be tightening their belts amid skyrocketing inflation and considerations concerning the new Omicron coronavirus variant, which has rattled the stock market in current days.  

Apple shares had been down 3.2 p.c in pre-market buying and selling on Thursday following the Bloomberg report. 

Apple logo
Apple shares had been down 3.2 p.c throughout premarket buying and selling on Thursday.
Barcroft Media by way of Getty Photos

But Wedbush securities managing director Dan Ives struck a extra optimistic tone, predicting that Apple would have its strongest vacation season ever and that iPhone demand would stay sturdy within the new 12 months. 

“The availability chain has many ebbs and flows for Apple within the midst of an iPhone cycle and our Asia checks are agency, not weakening,” Ives instructed The Put up of the agency’s seems to be at gross sales in Asia. “The haters will proceed to hate on Apple, however we imagine a $3 trillion market cap is within the crystal ball regardless of these unfavourable white knuckle headlines worrying the Road.” 

Apple presently has a market capitalization of $2.7 trillion. 

Apple store
Apple had reportedly anticipated iPhone 13 demand to be sturdy in early 2022.
Bloomberg by way of Getty Photos

The corporate didn’t instantly reply to a request for remark.



Source link

Tags: AheadDemandholidaysiPhonelineupplummetsReport
admin

admin

Related Posts

Casa Lever renews long-term lease at Lever House
Business

Casa Lever renews long-term lease at Lever House

January 30, 2023
Manhattan’s office occupancy shows signs of recovery
Business

Manhattan’s office occupancy shows signs of recovery

January 29, 2023
Donors slow as the realization hits Trump can’t beat Biden
Business

Donors slow as the realization hits Trump can’t beat Biden

January 29, 2023
Next Post
Person Who Was Recently In New York City Has Tested Positive For Omicron Variant – CBS New York

Person Who Was Recently In New York City Has Tested Positive For Omicron Variant – CBS New York

With Deadline To Get Vaccinated Passed, 12-Hour Shifts Begin For Correction Workers On Rikers Island – CBS New York

With Deadline To Get Vaccinated Passed, 12-Hour Shifts Begin For Correction Workers On Rikers Island – CBS New York

Are you lazy with iPhone or Gmail security? Quarter of adults ‘victim of hackers’

Are you lazy with iPhone or Gmail security? Quarter of adults ‘victim of hackers’

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

A battle over charter co-location reveals how deeply progressives are wrong

A battle over charter co-location reveals how deeply progressives are wrong

1 month ago
Saks unveils stylish plan for casino at Fifth Avenue store

Saks unveils stylish plan for casino at Fifth Avenue store

2 weeks ago
Biden still betting on windmill power instead of US oil

Biden still betting on windmill power instead of US oil

9 months ago
Sean McVay, fiancée have low-key night ahead of Super Bowl 2022

Sean McVay, fiancée have low-key night ahead of Super Bowl 2022

12 months ago

Categories

  • Business
  • Entertainment
  • Fashion
  • Health
  • News
  • Opinion
  • Politics
  • Sports
  • Tech

Topics

Adams Biden Bidens Big Bill Cases CBS CEO City Court COVID COVID19 Day dead Elon Eric Gov Health Hochul home House inflation Joe Kathy man Mandate Mayor monkeypox Musk NYC Office Report reveals school State time Trump Twitter Ukraine Vaccine win workers Yankees years York
No Result
View All Result

Highlights

Fearmongers’ laughable defense, climate misinformation and other commentary

Brittany Matthews drools over Patrick Mahomes’ AFC Championship look

’24’ actress Annie Wersching dead at 45 from cancer

How to delete embarrassing autofill entries on your browser

Exclamation Point: What tenants want from NYCHA

More than 7,600 fake nursing diplomas issued in Florida in alleged wire fraud scheme

Trending

House Minority Leader Hakeem Jeffries delivers community inaugural address in Brooklyn
Politics

House Minority Leader Hakeem Jeffries delivers community inaugural address in Brooklyn

by admin
January 30, 2023
0

Home Minority Chief Hakeem Jeffries delivers group inaugural tackle in Brooklyn - CBS New York Watch...

Casa Lever renews long-term lease at Lever House

Casa Lever renews long-term lease at Lever House

January 30, 2023
Monterey Park hero Brandon Tsay honored at festival

Monterey Park hero Brandon Tsay honored at festival

January 30, 2023
Fearmongers’ laughable defense, climate misinformation and other commentary

Fearmongers’ laughable defense, climate misinformation and other commentary

January 30, 2023
Brittany Matthews drools over Patrick Mahomes’ AFC Championship look

Brittany Matthews drools over Patrick Mahomes’ AFC Championship look

January 30, 2023

© 2021 Newyork CT All Rights Reserved

No Result
View All Result
  • Home
  • News
  • Health
  • Business
  • Politics
  • Opinion
  • Sports
  • Entertainment
  • Fashion
  • Tech

© 2021 Newyork CT All Rights Reserved