Yingwei Finance Investing – On Wednesday, well-known Apple analyst and Tianfeng International Securities analyst Ming-Chi Kuo said that the total shipments of iPhone 14 Pro and 14 Pro Max in 2022Q4 were 20% lower than expected (about 15-20 million units).
Previously, the market expected 2022Q4 iPhone shipments to be 80-85 million units.
He pointed out that the average capacity utilization rate of the iPhone factory in Zhengzhou was only 20% in November, and it is expected to increase to 30-40% in December.
He also pointed out that due to the high price of the iPhone 14 Pro series, Apple’s iPhone revenue in the fourth quarter may be 20-30% or more lower than market expectations.
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(Editor: Chen Han)