Factbox-Apple’s iPhone shipments seen sagging under China disruptions

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FILE PHOTO: The Apple iPhone 14 is seen at the Apple Fifth Avenue store in Manhattan, New York City

(Reuters) -Apple Inc warned in November that worker unrest at the world’s biggest iPhone factory in China would impact shipments of higher-end models of the device in the holiday quarter.

Some Wall Street analysts have started estimating a hit from the disruptions, which have weighed on shares of the world’s most valuable company. Here are their predictions:

Brokerage Estimate

Wedbush Securities Shortages to result in 5% to 10% fewer

units sold in the quarter; Says

shutdowns to cost Apple about $1

billion a week in lost iPhone sales

Susquehanna Sees a 10 million hit to shipments,

with total shipments of 70 million


TF International Disruptions to impact iPhone shipments

Securities by about 20% to between 70 million and

75 million units

CFRA Research Sees as much as 5% to 10% downside to

its original iPhone shipment estimate

of 82 million units

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KGI Securities Lost iPhone production to be about 10

mln units, or about 12% lower iPhone

shipments compared with a year ago

Evercore ISI Shutdowns to have impact of 5 million

to 8 million units

Piper Sandler Cuts its estimate for iPhone sales to

74 million for the Dec-quarter, as it

sees a hit of 9 million units. Expects

an impact of $8 billion in the quarter.

Morgan Stanley Lowers its estimates for iPhone

shipment for Dec-quarter by 3 million

to 75.5 million units.

J.P.Morgan Lowers its estimate for iPhone volume

in the Dec-quarter by 4 million to

about 70 million units.

However, raised its March-quarter

forecast for shipments to about 63

million units from prior estimate of

about 61 million.

(Compiled by Akash Sriram, Vansh Agarwal and Chavi Mehta in Bengaluru; Edited by Anil D’Silva, Vinay Dwivedi and Shounak Dasgupta)