Apple to Fall Short of Projected Revenue Due to Coronavirus
17 Febrero 2020 - 4:05PM
Noticias Dow Jones
By Tripp Mickle
Apple Inc. became the first major U.S. company to say it won't
meet its revenue projections for the current quarter due to the
coronavirus outbreak, which it said had limited iPhone production
for worldwide sales and curtailed demand for its products in
China.
Apple had projected record revenue for the current quarter of
between $63 billion and $67 billion, which it said was a wider than
normal range due to the virus. The technology giant on Monday
didn't provide an updated sales estimate, saying that the situation
in China is evolving. It said it would provide more information
when it holds its earnings call in April.
It is the second time in two years that Apple has reset revenue
projections because of problems in China. A year ago, it slashed
guidance for the first time in more than 15 years because of weak
iPhone demand in China and elsewhere in the world.
Write to Tripp Mickle at Tripp.Mickle@wsj.com
(END) Dow Jones Newswires
February 17, 2020 16:50 ET (21:50 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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