Apple iPhone shipments seen sagging under China disruptions

tech.hindustantimes.com:

Apple Inc has warned 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 disruptions, which have weighed on shares of the world's most valuable company. Here are their predictions:

Estimate Brokerage 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 iPhones

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

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.