Apple has to cease sales of its latest Apple Watch models thanks to an ITC decision, but an analyst note suggests the ban will have minimal impact on revenue. Apple Watch Series 9 Apple Watch Series 9 and Apple Watch Ultra 2 will no longer be imported to the United States after December 25, 2023, if the ITC ban holds. Analysts at J.P. Morgan expect the ban will impact only about $5 billion in sales or 1% of total sales annually.
J.P. Morgan predicts marginal financial impact from Apple Watch ban
AppleInsider - 19 Dec 2023 03:37
Apple has to cease sales of its latest Apple Watch models thanks to an ITC decision, but an analyst note suggests the ban will have minimal impact on revenue. Apple Watch Series 9 Apple Watch Series 9 and Apple Watch Ultra 2 will no longer be imported to the United States after December 25, 2023, if the ITC ban holds. Analysts at J.P. Morgan expect the ban will impact only about $5 billion in sales or 1% of total sales annually.
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