Monday, February 17, 2020
Apple will miss revenue forecast as coronavirus impacts its manufacturing and sales – TechCrunch
Today Apple announced that its prior financial forecast, provided during its January earnings cycle, is no longer valid. In a letter to investors today, the technology giant said that it “do[es] not expect to meet the revenue guidance we provided for the March quarter” due to impacts stemming from the coronavirus that has shuttered large parts of China, and is reverberating through the global
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