Apple says worldwide iPhone supply will be 'temporarily constrained' due to coronavirus

South Africa News News

Apple says worldwide iPhone supply will be 'temporarily constrained' due to coronavirus
South Africa Latest News,South Africa Headlines
  • 📰 YahooNews
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 59%

Apple said Monday that its worldwide iPhone supply will be 'temporarily constrained' due to the novel coronavirus outbreak. The announcement comes as China's National Health Commission said there were 70,548 reports of confirmed coronavirus cases and 1,770 deaths on the Chinese mainland

Apple said Monday that its worldwide iPhone supply will be"temporarily constrained" due to the novel coronavirus outbreak.In a statement to investors, the company also said it has experienced a lower demand for its products within China due to the spread of the virus, officially named COVID-19.

The announcement comes as China's National Health Commission said there were 70,548 reports of confirmed coronavirus cases and 1,770 deaths on the Chinese mainland.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

YahooNews /  🏆 380. in US

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Apple says will not meet revenue forecasts due to China virusApple says will not meet revenue forecasts due to China virusUS tech giant Apple says won't meet revenue target as coronavirus hits both production and demand in China
Read more »

Samsung poised to benefit from China virus woes afflicting Apple, other rivalsSamsung poised to benefit from China virus woes afflicting Apple, other rivalsSamsung Electronics stands to be a major beneficiary of the China production pro...
Read more »

Apple cuts revenue guidance due to production delays, weak demand in China because of coronavirusApple cuts revenue guidance due to production delays, weak demand in China because of coronavirusApple said in late January that it expected to report net sales between $63 billion to $67 billion in its fiscal second quarter.
Read more »

Apple Sounds Alarm Bell In China, Won’t Hit Current Quarter Sales TargetApple Sounds Alarm Bell In China, Won’t Hit Current Quarter Sales TargetApple, which sounded an alarm bell on China in late January, acknowledged Monday the situation had precipitated more quickly than anticipated and it wouldn’t meet revenue forecasts it made th…
Read more »

Apple warns on revenue guidance due to production delays, weak demand in China because of coronavirusApple warns on revenue guidance due to production delays, weak demand in China because of coronavirusApple does not expect to meet its Q2 revenue forecast amid weaker-than-expected demand in China and constraints on iPhone supply due to the coronavirus outbreak.
Read more »

Stocks fall as Apple warning raises China virus concernsStocks fall as Apple warning raises China virus concernsU.S. stocks slipped in early trading Tuesday after technology giant Apple became the most well-known company to warn of a financial hit from the virus outbreak in China
Read more »



Render Time: 2025-03-09 21:07:06