HomeInvestingEarningsiPhone Shipments To Decline In 2023, According To Foxconn Technology

iPhone Shipments To Decline In 2023, According To Foxconn Technology

Foxconn Technology predicts overall decline in iPhone shipments in 2023. Foxconn Technology is a top iPhone supplier. Its parent company, Hon Hai, estimated that its overall sales would decline in 2023 after initially forecasting flat revenue. Kevin Green discusses this as Apple (AAPL) has asked suppliers to manufacture 85M iPhone 15 units this year, which is on par with iPhone 14 supply last year. Tune in to find out more about the stock market today.

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14 Aug 2023

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