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Apple's iPhone Pro Shipments May Fall 20 Million Units Short of Estimates (reuters.com) 64

Apple's iPhone 14 Pro and Pro Max model shipments could miss market expectations by up to 20 million units in the holiday quarter due to labor unrest at a major Chinese factory, TF Securities analyst Ming-Chi Kuo said. Reuters reports: Kuo is the latest to flag a hit to the world's most valuable company from protests over pay and strict COVID-19 curbs at the world's biggest iPhone factory, the Foxconn-operated plant in the central city of Zhengzhou. He trimmed his estimate for quarterly iPhone shipments by about 20% to between 70 million and 75 million units, compared with the market consensus of 80 million to 85 million units.

Kuo, in a blog post on Tuesday, also predicted that the supply shortfall could erase demand for the more popular Pro models, instead of deferring sales, as consumers also grapple with a weakening economy. In contrast, other Apple analysts expect sales to pick up once production constraints ease and more Pro models become available. Some analysts signaled the possibility of the challenges extending into 2023.

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Apple's iPhone Pro Shipments May Fall 20 Million Units Short of Estimates

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  • Are going to be disappointed, probably the first time they have ever not got what they wanted immediately. Oh what a shame.
    • by msauve ( 701917 )
      "Yuppie?" Welcome to 1980!
    • Nah...most of these urban hipsters and tech bros have probably been on a waiting list for an electric pickup truck like a Ford Lightning, Rivian, or Tesla Cybertruck for at least the past 18 months.

      Hell... they probably just recently got the gaming console or high-end GPU upgrade that they've been waiting since late 2020 for a few months ago.

      Welcome to the post-COVID hellscape, where technology manufacturers have apparently forgotten how to build technology products.

      • It's everything though, even the biggest of all markets for manufactured goods - cars.
      • by dbialac ( 320955 )
        Nobody forgot. Older people got tired of dealing with their boss's BS or their clients at their business and had the money to retire. Younger people found out that if they had kids, they could make more in a single working parent household and collect the child credit rather than paying for child care. Put those together, and you have a massive labor shortage. There's also the whole labor issues in China where we were foolish and relied on them for most of products.
      • Nobody forgot how, it's just not important any more.

        The goal is to enrich oneself, and the best way to do that as a CEO is now by fucking over everyone around you.

        The idea behind corporations is that they are supposed to support the public good. If they don't do that, their charters should be terminated. That's the whole excuse for having such an idea as the legal fiction known as the corporation.

    • by Malc ( 1751 )

      The iPhone's market share is about 50% in the US, and 15% globally.

      Based on your comments, it's normal to be a yuppy in the US. Not so much of an insult, if that's what you were intending.

  • You mean people in the streets literally yelling give me or liberty or give me death, fuck the ccp, step down traitor Xi, etc. [youtube.com] Things that are all death sentences. Not in one isolated area either, everywhere.

  • Just toss them in the landfill next to the E.T. cartridges.
    • by Z80a ( 971949 )

      That early? i mean, they have an entire 6 months of life before the consumerist owners toss em into the garbage because a slightly faster one is out

  • Sure, the quality control isn't quite up to Apple standards, for the price of an iPhone you can afford 6 spares. And yes, they run Linux. :)

    • OK, but can you make calls reliably with them, and does the power management keep the battery going for even a day yet?

      • Yes, with updated software the regular Pinephone model can reliably send and receive both calls and SMS, and it'll last up to 3 days at idle. Software support for the "Pro" model is still somewhat behind.

  • Anyway...

  • You know, the invisible hand of the market forces?
  • One has to wonder whether the quality of the iPhones currently produced at FoxConn will be up to the quality standards they should be.

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