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Rumors Of iPhone 14 Production Cuts Surface: Why Prominent Apple Analyst Isn't Concerned

Benzinga LogoBenzinga1 mo ago

Rumors Of iPhone 14 Production Cuts Surface: Why Prominent Apple Analyst Isn't Concerned

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Apple, Inc.(NASDAQ: AAPL) reduced its iPhone 14 chip orders to Taiwan Semiconductor Manufacturing Company Limited (NYSE: TSM), suggesting the tech giant has lowered its production forecast for the upcoming iPhone 14 by 10%, according to a DigiTimes report.

Kuo Calms Nerves Regarding iPhone 14: The TFI International Securities analyst said he maintains his second-half 2022 shipment forecast of about 100 million units for iPhone 14 and 90 million units for components and electronic manufacturing services supplies.

Prominent Apple analyst, Ming-Chi Kuo has allayed concerns about a scale-back.


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Author / Journalist: Shanthi Rexaline

Category: Technology

Topics: Tech AAPL TFI International US8740391003 Benzinga US0378331005 Ming-Chi Kuo Consumer Tech Analyst Ratings TSM Analyst Color

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-07-02, 16:27:50

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Reading Time: 2 minutes read

Article Length: 245 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 26774

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About Benzinga

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Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 23 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 17h ago

Coverage Areas: United States

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Publication Timezone: GMT +8:00

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