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Wireless

Apple says Q2 sales to fall short as Coronavirus slows iPhone supplies worldwide

Tuesday 18 February 2020 | 09:05 CET | News
Apple said slower production due to the Coronavirus (Covid-19) means it will not be able to meet expectations for the fiscal second quarter to end March. The company had guided for revenue of USD 63-97 billion from 58 billion the year before, and a gross margin of 38-39 percent. The company noted that the disruption to results is only temporary and that its business is fundamentally strong. 

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Categories: Mobile & Wireless
Companies: Apple
Countries: World
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