Corona Virus Crackdown on Apple, the World's Leading Tech Giant!
Apple, one of the world's leading technology companies, has received a statement. The revenue forecast in January and March was targeted due to the new type of corona virus (Covid-19), where production and demand in China slowed due to the Corona virus outbreak, which is not expected to be kept up in january-march revenue forecasts.
Apple said in a statement that the We were told that production in China was starting to continue, but a slower-than-expected return was received than normal conditions. Worldwide, iPhone supply will be temporarily restricted, the statement said, the supply shortage will negatively affect the company's revenues.
Demand for Apple products in China will also be affected by the outbreak, the statement said. Apple stores in the country were closed due to the outbreak and open stores worked at limited hours, customer traffic was very low. Apple announced its financial results for the first quarter of 2020 on January 28th. The company, which accepted the October-December period as the first quarter on its balance sheet, announced that it had generated $91.8 billion in revenue during the period in question. The company said it expects to generate between $63 billion and $67 billion in revenue in the January-March period.