Apple growers in Indian Kashmir face crippling losses from floods, road closures
1. Kashmiri apple growers face significant losses due to floods and highway closures. 2. Disruptions threaten the peak harvest season and affect supply chains.
FAQ
Why Bearish?
Supply chain disruptions can lead to lower availability of AAPL products. Historical instances show that severe disruptions, like those in 2020, negatively impacted stock prices.
How important is it?
While not directly affecting AAPL, disruptions in apple supply can impact product pricing and market presence. The volume of lost harvest could inflate consumer prices or reduce availability.
Why Short Term?
Immediate impacts on harvest lead to short-term supply chain challenges. Potential effects could be seen in the upcoming quarterly reports.