Apple warns coronavirus will hit revenue guidance
Apple has warned that the disruption in China due to the coronavirus will begin to hit its sales forecasts.
The tech conglomerate said âworldwide iPhone supply will be temporarily constrainedâ, according to the BBC.
Apple forecast record-breaking sales of around $67bn (ÂŁ51.6bn) for this quarter, however, the technology giant has not revealed the hit it could suffer due to the ongoing coronavirus epidemic.
Most of its stores in China are either closed or operating reduced hours meaning sales would be much lower.
Apple said in a statement: âWe do not expect to meet the revenue guidance we provided for the March quarter.â
Already have an account? Sign in here