News

Update: Apple sales expected to fall due to iPhone production delay from coronavirus

Update: Apple sales expected to fall due to iPhone production delay from coronavirus

Update: Apple has confirmed that its previously set sales targets for the quarter will likely not be met as a result of the coronavirus outbreak in China.

As reported by The Economic Times, Apple earlier forecasted between $63 billion to $67 billion in revenue for the period ending at the end of March.

However, due to iPhone production being disrupted because of the ongoing pandemic, this number is now expected to be lower. No estimation was given surrounding what the new amount of revenue will be.

Original Story: Apple's iPhone increased production plans have been delayed by the outbreak of the coronavirus in China.

As reported by Reuters (via Nikkei), the US tech giant had looked to ramp up manufacturing by 10 per cent in the first half of 2020, with 80 million of the phones targeted.

From this, Apple has ordered 65 million of its already available iPhones while another 15 million units are being allocated to its new cheaper model, which is expected to be announced in March.

February start

The increased production is due to start sometime in the third week of February, however due to the threat of the virus, this may be delayed or put on hold temporarily.

PocketGamer.biz has reached out to Apple for comment regarding the delay to iPhone production.

Recently, Ndemic Creations has been forced to warn players that its real-time strategy simulation title Plague Inc. does not provide any legitimate information concerning the current outbreak in China.


Staff Writer

Matthew Forde is the staff writer for PocketGamer.biz and also a member of the Pocket Gamer Podcast. You can find him on Twitter @Forde999 talking about Smash Bros. and everything pop culture related - particularly superheroes.

Comments

No comments
View options
  • Order by latest to oldest
  • Order by oldest to latest
  • Show all replies