Analyst Doug Anmuth reiterated his Overweight rating and $145 price target, citing the prospect of higher profitability next year. Read More...
Bloomberg
Apple to Lose 6 Million iPhone Pros From Tumult at China Plant
(Bloomberg) — Turmoil at Apple Inc.’s key manufacturing hub of Zhengzhou is likely to result in a production shortfall of close to 6 million iPhone Pro units this year, according to a person familiar with assembly operations.Most Read from BloombergNext Covid-19 Strain May be More Dangerous, Lab Study ShowsApple to Lose 6 Million iPhone Pros From Tumult at China PlantKey Trump 2024 Rivals Silent After His White Supremacist MeetingThe situation remains fluid at the plant and the estimate of lost