Other than that, results are some of the least bad news about hardware sales we've read in weeks
But of course every silver lining has a cloud around it. Other products didn't do so well, recording what was described as a"slight decline" due to high sales the previous month.The company's visibility for the fourth quarter was originally"cautiously optimistic", but due to the pandemic affecting some of our operations in Zhengzhou, the company will"revise down" the outlook for the fourth quarter.
Zhengzhou is home to a colossal Foxconn plant focussed on making iPhones for Apple … and Apple yesterdaythat production will miss targets due to strict lockdowns aimed at controlling a COVID-19 outbreak. "Foxconn is now working with the [Henan provincial] government in concerted effort to stamp out the pandemic and resume production to its full capacity as quickly as possible," the revenue statement reads.
Foxconn and Apple will both be hoping those efforts succeed, because both have made disclosures that the shutdowns in Zhengzhou could hit their bottom lines – hard. ®
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Biggest-ever NHS nurses strike 'would hit A&E patients' and worsen Covid backlogAround 300,000 nurses are thought to have voted in favour of industrial action in the first of a potential cascade of strikes
Read more »
U.S. COVID-19 vaccine safety surveillance results for the over 65sIn a recent study posted to the medRxiv* server, researchers conducted near real-time safety monitoring in the United States (US) elderly population for 14 safety outcomes weekly following the coronavirus disease 2019 (COVID-19) vaccination
Read more »
Long Covid patients still battling virus as third anniversary of infection nearsSome of the UK’s earliest long Covid patients are still battling the condition nearly three years after first getting infected.
Read more »
Apple warns of COVID delays to iPhone 14 Pro shipmentsBuyers told of longer wait times for shiny new phones that don't do a lot more than last year’s model
Read more »