Apple warns it’s going to take a revenue hit as a result of the coronavirus’ impact in China.

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Feb 18, 2020
12:16:01am

SierraCoug All-American

Apple warns it’s going to take a revenue hit as a result of the coronavirus’ impact in China.

Apple warns on revenue guidance due to production delays, weak demand in China because of coronavirus

Apple said in late January that it expected to report net sales between $63 billion to $67 billion in its fiscal second quarter.

https://www.cnbc.com/2020/02/17/apple-warns-on-coronavirus-it-wont-meet-revenue-guidance-because-of-constrained-iphone-supply-and-suppressed-demand-in-china.html

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SierraCoug

Bio page: SierraCoug
Joined: Oct 12, 2008
Last login: Jun 21, 2024
Total posts: 37,293 (519 FO)

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Messages

Author

Time

Apple warns it’s going to take a revenue hit as a result of the coronavirus’ impact in China.

SierraCoug All-American

2/18/20 12:16am

Poor apple can’t exploit Chinese labor this month.

akmewg

2/18/20 12:48am

Their big issue is sales in China, not production there. China is the biggest

chilango

2/18/20 4:44am

Better delay the OS throttling so people don't feel the need to upgrade for a little longer.

Grit for Brains

2/18/20 12:52am

This. Apple is the Wells Fargo of tech companies.

2/18/20 5:58am

Careful...the fanboys are going to blast you today.

ordinary tri guy

2/18/20 6:41am

This helps mask their other revenue problems driven by product sales slowly declining

Bonoman

2/18/20 7:26am

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