Apple says coronavirus will hurt iPhone production and profits

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The California-based tech firm has been hit hard by the virus outbreak in its third-largest retail market.

Apple has warned it will not meet its financial targets due to the impact of coronavirus on production and sales in China.

The tech firm's second quarter ends on 30 March and it was expecting revenue for this period to be between $63bn and $67bn . But the outbreak of COVID-19, the medical name for the respiratory illness caused by coronavirus, has resulted in a cut in iPhone production. Apple's factories are all outside Hubei province, the centre of the outbreak. They have reopened but production is only slowly returning to normal.

"The health and well-being of every person who helps make these products possible is our paramount priority, and we are working in close consultation with our suppliers and public health experts as this ramp continues," the company said.

 

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Poor apple.

Awwww. Poor Apple! Do they have a gofundme?

Should produce in the US ....

With all due respect i couldn't give **** about apple and it's profits. What about people dying from coronavirus...

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