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Wuhan coronavirus concerns prove how much Apple relies on China - Business Insider

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The Wuhan coronavirus could pose a threat to Apple's iPhone business, and it's further evidence of the company's reliance on China

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.The Wuhan coronavirus outbreak has caused Apple to temporarily shut down its retail stores and halt operations to China, a setback that it also factored into its second-quarter revenue guidance.

But some analysts expect that Apple will be able to recover from any production loss resulting from closures related to the coronavirus so long as operations return to normal by mid-February. The virus, and the uncertainty about how it may affect Apple's supply chain, have reiterated the iPhone maker's reliance on China. It also comes just after the tech giant dodged 15% tariffs on Chinese imports that would have impacted the iPhone and other important products.until February 9 "out of an abundance of caution." But the bigger concern appears to be around how this might impact Apple's supply chain, which is largely based in mainland China and Taiwan.

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