Apple has warned that Coronavirus will affect iPhones supplies. The tech giant said production and sales were affected, and that worldwide iPhone supply will be temporarily constrained, BBC has reported. Apple, which had forecast record revenues of up to $67bn in the current quarter, did not reveal the likely hit.
The iPhone maker is the first major US company to reveal that it will suffer a huge blow financially due to the disruption in China from the deadly Corona Virus (COVID19).
“We do not expect to meet the revenue guidance we provided for the March quarter,” “All of our stores in China and many of our partner stores have been closed,” it added. “Additionally, stores that are open have been operating at reduced hours and with very low customer traffic.
We are gradually reopening our retail stores and will continue to do so as steadily and safely as we can.” “while our iPhone manufacturing partner sites are located outside the Hubei province – and while all of these facilities have reopened – they are ramping up more slowly than we had anticipated.
“All of our stores in China and many of our partner stores have been closed,” it added. “
“While we have discussed a negative iPhone impact from the coronavirus over the past few weeks, the magnitude of this impact to miss its revenue guidance midway through February is clearly worse than feared,” Wedbush analyst Daniel Ives wrote in a note to clients.
iHarare has observed that since most shops are either be closed or operating at limited hours this would directly affect the revenues and general supply of the tech giant’s products.
Source – iHarare
In other news – Mai Titi on another live video crying again
Mai Titi on another live video crying again. News reaching us is that comedian Felistas Edwards aka Mai Titi was all tears again in her latest live Facebook videos as he narrated her story. below is the video as she narrates her story.
So Mai Tt took a pregnant girl her maid after giving birth the brother of the maid wants her n the baby. Mai Tt was now attached since she did everything from pregnancy till the baby put to bed…continue reading.