Apple ran into challenges with iPhone 14 – particularly the Pro and Pro Max – this fall when a COVID-19 outbreak in China impacted its manufacturing partner Foxconn. Now the company’s stock has hit a 52-week low amounting to one trillion dollars in value lost as further forecasts for iPhone challenges have surfaced.
Back in November, Apple warned customers and investors about how the situation in China was constraining its ability to produce enough iPhone 14 Pro devices to meet demand.
