If there is any tiny positive from Apple’s fresh iPhone production warning, it’s that recession fears haven’t stopped people from wanting $1,000 plus new models and waiting weeks to get them.
“Supply chain challenges have been frequent the last couple of years, and there is limited evidence that delays in shipping devices have had any impact on overall volumes for a product cycle (example: iPhone 12 or iPhone 13) over a multi-quarter period.” JP Morgan analyst Samik Chatterjee wrote in a note…
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