The result of the crisis: problems in the production of the iPhone 14 Pro could affect Apple’s results

For comparison purposes, in the last quarter of 2021 Apple earned revenue of US$ 123.9 billion, but this figure should drop to US$ 121 billion in the same period of 2022. This would be the first drop in Apple revenue since 2019 .

Despite this, analysts believe that Apple will be able to recover, as it is increasingly diversifying iPhone production to prevent these problems from recurring, a policy that will be standard with the iPhone 15 Pro.

On the other hand, data from Canalys indicates that the cell phone market faced a sharp drop in sales at the end of 2022, which may have negatively affected Apple’s revenue.

However, revenue from another sector is expected to grow for Apple: services, which should increase 6% in the period, earning regarding US$ 20.67 billion in the fourth quarter of 2022. In October, more than 900 million people subscribed to services like Apple Music, iCloud and others across the world.

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Alexandra Hartman Editor-in-Chief

Editor-in-Chief Prize-winning journalist with over 20 years of international news experience. Alexandra leads the editorial team, ensuring every story meets the highest standards of accuracy and journalistic integrity.

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