Potential Delay in iPhone 15 Debut Could Impact Apple's Profit Margins Amid Manufacturing Issues
Portfolio Pulse from Anusuya Lahiri
Apple Inc's upcoming iPhone 15 Pro and Pro Max models are facing manufacturing issues, potentially delaying their debut and impacting Apple's profit margins. The screens made by LG Display have failed reliability tests, causing delays and shortages. Bank of America analyst Wamsi Mohan warns of potential delays in the iPhone 15's debut, projecting Apple's fourth-quarter revenue to be $87.1 billion, falling short of the consensus estimate of $91.6 billion due to the possible delay.
July 21, 2023 | 11:42 am
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Apple's upcoming iPhone 15 Pro and Pro Max models are facing manufacturing issues that could delay their release and impact the company's profit margins. This could result in Apple's Q4 revenue falling short of estimates.
The manufacturing issues with the iPhone 15 Pro and Pro Max models could lead to a delay in their release, which would impact Apple's sales and profit margins. This could result in lower than expected Q4 revenue for Apple, which would likely negatively impact the company's stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100