A new report from Apple analyst Ming-Chi Kuo points to a major shortage that Apple will be facing in the weeks left of this holiday shopping season. According to Kuo, Apple is expected to ship between 70-75 million iPhone 14 Pro and Pro Max units, 15-20 million short of what was initially expected. The number is significantly more than Bloomberg’s estimated 6 million-unit shortage from a recent report. The total iPhone 14 Pro and 14 Pro Max shipments in 4Q22 will be 15–20 million units less than expected. Significant downside risks to Apple & iPhone supply chain due to Zhengzhou iPhone...
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