Apple iPhone Production Delays Due To China Covid: Club Keeps Stock

Apple iPhone Production Delays Due To China Covid: Club Keeps Stock

Apple CEO Tim Cook speaks onstage during day 2 of the Vox Media Code Conference 2022 in Beverly Hills, California.

Jerod Harris | Getty Images Entertainment | fake images

A closely watched Apple analyst Wednesday highlighted some potential noise surrounding the iPhone maker’s upcoming December quarter, underscoring why we routinely caution against trading in and out of shares. Actions of Apple (AAPL) have not been spared this year’s technological defeat. However, while down roughly 24% in 2022, the company still has a market value of around $2.15 trillion.

Leave a Comment