Apple faced production problems on the iPhone 14 line due to the wave of Covid-19 in China that forced factories to go into lockdown at the end of 2022. Now analysts from CNBC and iMore point out that these problems could affect Apple’s result on the last quarter of last year, which should be lower than that of 2021.
For comparison purposes, in the last quarter of 2021 Apple earned revenue of US$ 123.9 billion, but this figure should drop to US$ 121 billion in the same period of 2022. This would be the first drop in Apple revenue since 2019 .
Despite this, analysts believe that Apple will be able to recover, as it is increasingly diversifying iPhone production to prevent these problems from recurring, a policy that will be standard with the iPhone 15 Pro.
On the other hand, data from Canalys indicates that the cell phone market faced a sharp drop in sales at the end of 2022, which may have negatively affected Apple’s revenue.
However, revenue from another sector is expected to grow for Apple: services, which should increase 6% in the period, earning about US$ 20.67 billion in the fourth quarter of 2022. In October, more than 900 million people subscribed to services like Apple Music, iCloud and others across the world.
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