Apple Warns China Virus Will Cut iPhone Production, Sales

AppleMagazine|February 21, 2020

We're offering this story for free to read so that you can stay updated on the COVID-19 outbreak
Apple Warns China Virus Will Cut iPhone Production, Sales
Apple Inc. is warning investors that it won’t meet its second-quarter financial guidance because the viral outbreak in China has cut production of iPhones.

The Cupertino, California-based company said Monday that all of its iPhone manufacturing facilities are outside Hubei province, the epicenter of the outbreak, and all have been reopened. But the company said production is ramping up slowly.

articleRead

You can read upto 3 premium stories before you subscribe to Magzter GOLD

Log-in, if you are already a subscriber

GoldLogo

Get unlimited access to thousands of curated premium stories and 5,000+ magazines

READ THE ENTIRE ISSUE

February 21, 2020