Apple customers may have cause for celebration

Apple has bad news for its customers

Chances are if you’re an apple (AAPL) – Get the Apple Inc. report. loyalist then you’ve potentially already placed pre-orders for Apple’s latest low cost budget iPhone SE 3 or the new 5th generation iPad Air released at the tech giant’s first product event for 2022 held earlier this month.

But news of a new Covid-19 outbreak in the industrial hub of Shenzhen earlier this week temporarily halted operations at Apple’s biggest iPhone manufacturing plant.

The news also hurt investor sentiment, as market watchers said it could hurt Apple’s production targets and potentially affect sales and revenue expectations.