apple and coronavirus

Apple warns coronavirus will hurt iPhone supplies

Apple has warned that disruption in China from the coronavirus will mean revenues falling short of forecasts. The tech giant said production and sales were affected, and that “worldwide iPhone supply would be temporarily constrained”. The iPhone maker is the first major US company to say that the epidemic will hit its finances. Apple, which had forecast record revenues of up to $67bn in the current quarter, did not reveal the likely hit. “We do Read more about Apple warns coronavirus will hurt iPhone supplies[…]