Apple’s iPhone shortages are intensifying and were front and center this morning on Black Friday across multiple shops, Apple Stores, and online platforms. ..
Apple is currently running out of iPhone 14 Pro models and colors, or has 25% to 30% less inventory than usual. This is a harbinger of the Cupertino holiday season.
Apple shares fell 2.0% after supplier Foxconn warned on Friday that worker unrest at its factories could further affect his iPhone production. The company has been struggling to keep up with demand for its products, and the warning from Foxconn comes as a potential threat to its future.
Foxconn’s China factory has been struggling with severe COVID-19 restrictions, fueling worker discontent and halting production ahead of the Christmas and Chinese New Year holidays in January.
