But its size can reach $6 million.
Bloomberg estimates Foxconn’s possible losses from unrest at the Zhengzhou plant at more than 30% of normal iPhone production in November, but analysts polled by Barron’s believe that these events will have little effect on demand. Apple customers will simply wait longer for their iPhone 14 Pro and iPhone 14 Pro Max, but will not abandon their purchase in favor of products from other brands.
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According to some estimates, up to $6 million in iPhone revenue could be carried over from this quarter to the next, more optimistic forecasts mention only a five percent decline in Apple smartphone sales in the current quarter. Over the holiday season, older iPhone buyers will definitely have to put up with a shortage, but any delayed purchases have a high chance of materializing next quarter. As experts summarize, the current situation is a problem of supply, not demand.
