Home › Apple says Coronavirus will pull down Q2 revenues, iPhone supplies worldwide
 

Keywords :   


Apple says Coronavirus will pull down Q2 revenues, iPhone supplies worldwide

2020-02-18 09:05:00| Telecompaper Headlines

(Telecompaper) 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. 

Tags: supplies worldwide apple pull

Category:Telecommunications

Latest from this category

All news
11.12How to Build AI-Enabled Operations and Achieve Measurable Outcomes
04.12AI Revolution in Service Management Features Intelligent Operations and Continuous Innovation (Part 2)
01.12How Kiro AI Agents Accelerate Development from Modernization to Cloud Migration Analysis
Telecommunications »
15.12Market town's food bank demand triples
15.12Airbnb fined 56m by Spain for advertising unlicensed properties
15.12Grand Theft Auto game creator sacked us for trying to unionise
15.12Ofcom investigates BT and Three for failing to connect 999 calls
15.12Roomba vacuum cleaner firm files for bankruptcy
15.12'We were sacked from Rockstar North for trying to unionise'
15.12'Throw the parcel at the back door' - Evri couriers tell of pressure to earn a decent wage
15.12Can I just check - are my emails holding me back at work?!
More »