Coronavirus outbreak to affect our revenues worldwide: Apple
Apple has warned that Coronavirus outbreak will affect its business in the January-March quarter as worldwide iPhone supply will be temporarily constrained.
In an investor update late Monday, the tech giant said it no longer expects to meet the revenue guidance it provided last month for the upcoming quarter.
“Work is starting to resume around the country, but we are experiencing a slower return to normal conditions than we had anticipated. As a result, we do not expect to meet the revenue guidance we provided for the March quarter due to two main factors,” the company said in a statement.