Apple Inc. warned earlier this month that shipments of its newest iPhones will be lower than expected going into the peak holiday season, that was before a recent escalation at Foxconn's Zhengzhou plant which produces about 80% of the latest iPhone 14 models. Ed Ludlow has more on how China's Covid Zero policy is impacting Apple in today's "Big Take" on Bloomberg Television.
Apple's China Reliance Grows Perilous Amid Covid Zero