Media & Big Tech

Apple Projects Billions in Revenue Loss Over Supply Constraints from China Amid Lockdowns

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Apple Projects Billions in Revenue Loss Over Supply Constraints from China Amid Lockdowns
The newly renovated Apple Store at Fifth Avenue in New York City on Sept. 19, 2019. Johannes Eisele / AFP via Getty Images
Jessica Mao
|Updated:

Beijing’s strict COVID-19 control policies have significantly limited Apple’s consumer product output, according to one of its suppliers.

In April, the iPhone maker predicted that supply constraints would cost the company up to $8 billion in revenue for the current quarter.

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Jessica Mao
Jessica Mao
Author
Jessica Mao is a writer for The Epoch Times with a focus on China-related topics. She began writing for the Chinese-language edition in 2009.
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