Apple’s Revenue For this Qtr Rotten By CoronaVirus
As per US tech giant Apple their iPhone supplies worldwide would also be impacted, underlining the economic cost of the health crisis.
Apple had forecast revenue of 63 billion to 67 billion for the second quarter to March
.This Epidemic virus has sparked global economic jitters, travel bans and the cancellation of high-profile sporting and cultural events
Apple’s manufacturing partners are in China slowly ramping up work after being closed due to the virus.
Consumer demand in the crucial Chinese market has also been dampened after all Apple stores were shut.
Company says “Stores that are (now) open have been operating at reduced hours and with very low customer traffic,”
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