Apple shares fell 1.4 percent on Monday after a labor strike at the world’s largest iPhone factory in China. In addition, the technology giant will make a big push in iPhone production. News Reuters.
According to the news, Apple has already reached an awkward position in making the Pro version of the iPhone 14. With thousands of workers on strike and the impact of Covid-19 in China, Foxconn will not be able to make expected deliveries in November.
Bloomberg quoted a reliable source as saying that Apple will face a supply shortage of 6 million iPhone Pro units this year due to production complications.
Most eager buyers couldn’t buy the high-end iPhone during Black Friday due to low supply. This crisis may continue during the upcoming holidays.
No comment was received from Apple in this regard.