This is Mac OSKIN.

arguments over iPhone expectations, a few Apple Hardware stories, and Tim Cook in the land of Movers and Shakers.

It is Wednesday, the 6th of July, 2022.

I'm Ken Ray, and this is news from Maco West Ken brought to you by yours truly and

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J.P. Morgan Analysts and me Macoese Ken.

J.P. Morgan analysts make Chattergy has lowered his expectations for Apple,

though not his target nor his rating.

Apple 3.0 ran part of a note he wrote late last week.

Right now he seems to think everything's fine.

A year from now, everything will be fine. But that middle bit? bit yeah that's an interesting place in time with a few

voices in the mix beyond the near quarter reads part of his note the headwinds

drive us to lower our revenue and earnings forecast modestly,

led by lower volume expectations, iPhone 14 expected to be modestly below iPhone 13 and escalating for an exchange headwinds.

It's that iPhone 14 demand issue that's raising a few voices.

Late last week 9 to 5 Mac ran a highlight of a digit times report that said Apple was

cutting iPhone 14 orders by 10%. Maybe not surprising.

H-tag in this economy, except the issue isn't demand.

Rather the piece says the problem is components.

According to 9 to 5 Mac, the issue began when Apple's supplier, T.S.C, had three major customers adjust their orders worsening the semiconductor situation.

...