What you need to know
- Apple's supply chain has suffered through coronavirus.
- One analyst believes things are starting to improve.
- They have Apple stock at a $350 target.
Apple's beleaguered supply chain has received some good news after JP Morgan's Samik Chatterjee said they believe things are "beginning to recover" in China.
In a note to investors picked up by AppleInsider, Chatterjee reiterated the previous $350 price target for Apple's stock, saying that it's their belief that the risks are "fairly well baked in" to the predictions that are already in place.
Foxconn, in particular, has suffered through factory closures and staff shortages thanks to the ongoing coronavirus outbreak, with Apple reportedly running short on parts for repairs at Apple Stores.
Recent reports also have Apple's Chinese iPhone sales falling as much as 60% during February, thanks in part to Apple Store closures and an overall slump in buyer confidence in the region.
Apple's stock price has been through something of a rollercoaster in recent days, as have most technology stocks. Apple, and its supply partners, will be hoping that things are starting to settle down as Chatterjee believes.
We may earn a commission for purchases using our links. Learn more.
Plan your day with Hour Blocks and its amazing iOS 14 Home screen widgets
Planning your day is no fun but sometimes you find an app that goes some way to making it less boring. Hour Blocks does a decent job and it looks lovely, too.
Scribble Together gets the coolest iOS 14 App Clip we've seen so far
Scribble Together has released its new App Clip for Scribble Together, which will allow users to collaborate on a Scribble Together whiteboard even if they don't have the app.
TikTok is being banned in the U.S. from Sunday, September 20
The U.S. Department of Commerce will ban TikTok and WeChat from U.S app stores from Sunday.
Pick the best Eufy RoboVac for you with our handy guide
Eufy makes some pretty compelling robotic vacuums and there are a lot to choose from. With a vast difference between the lower end, more affordable models and the smarter, connected, high end options, there are many factors to consider when deciding which model would be best for your household. We have compared the best of Eufy's RoboVac range here so you can find the right one for you.