Apple shares rise even as analysts tweak estimates over China-related iPhone 14 Pro issue

The price of Apple shares rose on Tuesday despite investment firms Morgan Stanley and UBS tweaking estimates related to the impact on iPhone 14 and iPhone 14 Pro production due to China’s quixotic “Zero COVID” lockdowns, with Morgan Stanley saying an opportunity to “buy the dip” has emerged.Chris Ciaccia for Seeking Alpha:Morgan Stanley analyst Erik Woodring lowered his fiscal 2023 revenue and earnings per share estimates by 0.3% and 0.5% to $407.7B and $6.15, notin