J.P. Morgan predicts marginal financial impact from Apple Watch ban

Apple has to cease sales of its latest Apple Watch models thanks to an ITC decision, but an analyst note suggests the ban will have minimal impact on revenue.Apple Watch Series 9Apple Watch Series 9 and Apple Watch Ultra 2 will no longer be imported to the United States after December 25, 2023, if the ITC ban holds. Analysts at J.P. Morgan expect the ban will impact only about $5 billion in sales or 1% of total sales annually.Since Apple sells its devices worldwide, the import ban only affects the United States. Back inventory of older models will also still be available to sell at third-party retailers. Continue Reading on AppleInsider | Discuss on our Forums