The decline in iPhone 14 production affects Apple's revenue significantly

Because of the ongoing closures in China, the primary supplier of iPhone 14 phones saw a decline in production. As a result, Apple issued an official warning that only a limited number of versions are available.

As a result of China's closures to prevent the spread of COVID-19, Foxconn's production of iPhone 14 phones has decreased recently. This has had a significant impact on Apple because Foxconn is the primary supplier in charge of assembling iPhone 14 phones in China.

Foxconn confirmed in a report published over the past weeks that the COVID-19 virus has spread significantly among employees at the Zhengzhou industrial facility, but the company indicated in its report that the impact of closures on required shipments can be controlled.

However, recent reports confirm the continuing chaos as a result of the spread of COVID-19 at the Foxconn industrial facility, which led to employees refusing to return to the industrial facility again, and then a decision to close the factory for a week.

On the other hand, “Hon Hai Precision Industry” indicated a decrease in iPhone production revenues as a result of the outbreak of the virus, and the case is also not different for Foxconn, which is also witnessing a decrease in revenues from expectations.

It is noteworthy that the decline in the production and availability of iPhone 14 phones led to Apple’s statement in an official statement, with a limited availability of phones during the coming period, which significantly affects Apple’s revenues.