JP Morgan cuts AAPL target price over iPhone 14 Pro shipment issues

Apple's China problems has prompted JP Morgan to moderate its December quarter expectations, trimming its price target due to long iPhone 14 Pro lead times.iPhone 14 ProSince the release of the 2022 iPhone, JP Morgan has issued its Apple Product Availability Tracker on a weekly basis, detailing delivery time changes for the latest models. In a note to investors seen by AppleInsider, analysts have formally acted on what they've observed. Read more...