Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Apple is still reportedly planning to release a low-cost iPhone next month despite supply chain setbacks caused by the coronavirus outbreak, according to Bloomberg.
The company said on Monday that it does not expect to meet its revenue target for the March quarter because of slowed demand in China and supply constraints. The rumored budget-friendly iPhone is expected to resemble the iPhone 8 but with the same processor as the iPhone 11 and iPhone 11 Pro, according to previous reports. Apple is still planning to release its rumored low-cost iPhone next month despite disruptions to its China-based supply chain resulting from the novel coronavirus, according to
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So $AAPL profit will not increase for the entire year. But investors believe the stock will increase. Laughable.
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