Apple Stock Slid in Morning Trading As Wedbush Checks Show Major IPhone Shortages

Tiger Newspress2022-11-28

Apple shares fell 1.4% in morning trading as investment firm Wedbush Securities conducted store checks on Black Friday that showed "major" iPhone shortages across the board.

Analyst Dan Ives, who has an outperform rating and a $200 price target on Apple (AAPL), noted that iPhone 14 Pro shortages look to have gotten "much worse" over the last week, citing low inventories across the board.

"We believe many Apple Stores now have iPhone 14 Pro shortages based on model/color/storage of up to 25%-30% below normal heading into a typical December, which is not a good sign heading into holiday season for Cupertino," Ives wrote in a note to clients.

He added that wait times for a new iPhone 14 Pro are now up to 40 days on Apple's website and is only likely to grow over the coming days going into Christmas.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

JCai
2022-11-29
JCai
K
- JCai:
  k
MeowTamara
2022-11-28
MeowTamara
Shortage also means good sales, surplus is something that I would be worried more
- MeowTamara:
  Good luck
- MeowTamara:
  Hinting as always the retail investors fault
- Irene104:
  Ok
- Vandalart:
  Headwinds!
- mac0racle:
  Agree. These reports are written with hidden agendas.
carroll
2022-11-28
carroll
Hi
- carroll:
  Halo
Henryee18
2022-11-28
Henryee18
Oh no.....
OO_898
2022-11-28
OO_898
Like
- Kelvinphan:
  Dc
Koco
2022-11-28
Koco
Nice
- 鸟雨花香:
  👍

Leave a comment

135

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Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AAPL","symbol_name":"苹果","start_time":0,"source_url":"","article_id":"1168728981","we_media_id":"1079075236","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1168728981","pubTimestamp":1669646883,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Tiger Newspress","introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"summary":"Apple shares fell 1.4% in morning trading as investment firm Wedbush Securities conducted store 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also means good sales, surplus is something that I would be worried more","listText":"Shortage also means good sales, surplus is something that I would be worried more","text":"Shortage also means good sales, surplus is something that I would be worried more","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":9,"repostSize":0,"link":"https://ttm.financial/post/9966721693","repostId":1168728981,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":105078791,"gmtCreate":1670249506443,"gmtModify":1670249516148,"authorId":4091417768263030,"author":{"id":4091417768263030,"idStr":"4091417768263030","authorId":4091417768263030,"name":"MeowTamara","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9966721693,"type":1,"supId":104989775,"prevId":0,"content":"Good luck","text":"Good luck","html":"Good luck"},{"id":104991752,"gmtCreate":1669695081621,"gmtModify":1669695095230,"authorId":4091417768263030,"author":{"id":4091417768263030,"idStr":"4091417768263030","authorId":4091417768263030,"name":"MeowTamara","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9966721693,"type":1,"supId":104987229,"prevId":0,"content":"Hinting as always the retail investors <u>fault</u>","text":"Hinting as always the retail investors <u>fault</u>","html":"Hinting as always the retail investors <u>fault</u>"},{"id":104989775,"gmtCreate":1669686492073,"gmtModify":1669686505918,"authorId":3579485832735627,"author":{"id":3579485832735627,"idStr":"3579485832735627","authorId":3579485832735627,"name":"Irene104","avatar":"https://static.tigerbbs.com/51a81271b5c1b4f1ca7b728f547fc3ba","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9966721693,"type":1,"supId":0,"prevId":0,"content":"<span class=\"s1\">Ok</span>","text":"<span class=\"s1\">Ok</span>","html":"<span class=\"s1\">Ok</span>"},{"id":104988039,"gmtCreate":1669680267507,"gmtModify":1669680280489,"authorId":4099453932805960,"author":{"id":4099453932805960,"idStr":"4099453932805960","authorId":4099453932805960,"name":"Vandalart","avatar":"https://static.tigerbbs.com/f5110907fea66e085f556c4e5fe74cc5","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-1","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Elite Trader","description":"Total number 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These reports are written with hidden agendas.</span>","text":"<span class=\"s1\">Agree. These reports are written with hidden agendas.</span>","html":"<span class=\"s1\">Agree. These reports are written with hidden agendas.</span>"}],"langContent":"EN"},{"id":9966720225,"gmtCreate":1669649387868,"gmtModify":1676538218642,"author":{"id":"3581250367192554","authorId":"3581250367192554","name":"carroll","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3581250367192554","authorIdStr":"3581250367192554"},"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9966720225","repostId":1168728981,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":104985482,"gmtCreate":1669649394231,"gmtModify":1669649407472,"authorId":3581250367192554,"author":{"id":3581250367192554,"idStr":"3581250367192554","authorId":3581250367192554,"name":"carroll","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9966720225,"type":1,"supId":0,"prevId":0,"content":"<span class=\"s1\">Halo</span>","text":"<span class=\"s1\">Halo</span>","html":"<span class=\"s1\">Halo</span>"}],"langContent":"EN"},{"id":9966762598,"gmtCreate":1669648865615,"gmtModify":1676538218514,"author":{"id":"3561088065415396","authorId":"3561088065415396","name":"Henryee18","avatar":"https://static.tigerbbs.com/68e1124a4989ce380d6aa143a07b2620","vip":1,"hat":"https://static.tigerbbs.com/3b7820dfed76481d8dc4de6ac5a7a136","crmLevel":9,"crmLevelSwitch":1,"idStr":"3561088065415396","authorIdStr":"3561088065415396"},"htmlText":"Oh no.....","listText":"Oh no.....","text":"Oh no.....","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9966762598","repostId":1168728981,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9966760622,"gmtCreate":1669647565866,"gmtModify":1676538218273,"author":{"id":"3582969710070724","authorId":"3582969710070724","name":"OO_898","avatar":"https://static.tigerbbs.com/9fb3c360d5d7711641a868a144192fc7","vip":1,"crmLevel":4,"crmLevelSwitch":1,"idStr":"3582969710070724","authorIdStr":"3582969710070724"},"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9966760622","repostId":1168728981,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":104985246,"gmtCreate":1669647786771,"gmtModify":1669647799026,"authorId":3579053062900901,"author":{"id":3579053062900901,"idStr":"3579053062900901","authorId":3579053062900901,"name":"Kelvinphan","avatar":"https://static.tigerbbs.com/dd87884547b7d5f0157a229e9ea4e890","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9966760622,"type":1,"supId":0,"prevId":0,"content":"<span class=\"s1\">Dc</span>","text":"<span class=\"s1\">Dc</span>","html":"<span class=\"s1\">Dc</span>"}],"langContent":"EN"},{"id":9966787291,"gmtCreate":1669647392713,"gmtModify":1676538218212,"author":{"id":"3578040476775865","authorId":"3578040476775865","name":"Koco","avatar":"https://static.tigerbbs.com/4f310ea25748d79ab649d0d2fa408202","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3578040476775865","authorIdStr":"3578040476775865"},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9966787291","repostId":1168728981,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":105001511,"gmtCreate":1669766509834,"gmtModify":1669766523242,"authorId":3582101321255914,"author":{"id":3582101321255914,"idStr":"3582101321255914","authorId":3582101321255914,"name":"鸟雨花香","avatar":"https://static.tigerbbs.com/98b16b55879fd1a4b831b436592733a7","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9966787291,"type":1,"supId":0,"prevId":0,"content":"👍","text":"👍","html":"👍"}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":135,"commentSize":11,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; 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