Coronavirus Hammers Apple iPhone Production Forecast
Apple has warned that the ongoing Coronavirus will hit its March revenue forecast, as the outbreak continues to wreak havoc on China’s economy. In a statement, Apple declared that, “Our q.....»»
Apple sees market value grow $88 billion after report says iPhone production will climb 30% in the first half of 2021
The improved production forecast signals sales of Apple's iPhone 12 lineup outperformed despite the pandemic and its economic fallout. .....»»
Apple To Move A Fifth Of iPhone Production From China To India In Massive Supply-Chain Shift
Apple To Move A Fifth Of iPhone Production From China To India In Massive Supply-Chain Shift One reason why the global economy will never be the same after the coronavirus pandemic is long forgotten, is that supply-chains - which have bee.....»»
Highlights of the day: PCB suppliers not told to delay production for 5G iPhone
There has been speculation that Apple is looking to delay the launch of its next-generation iPhones due the impacts from the coronavirus pandem.....»»
Tim Cook says he"s optimistic that China is getting the coronavirus under control and says Apple has reopened factories
Axios on HBO/YouTube Tim Cook says he's "very optimistic" China is getting the novel coronavirus under control. Speaking to Fox Business on Thursday, the Apple CEO said the company was reopening factories and ramping up iPhone production. China.....»»
Foxconn says cautiously resuming China output, warns coronavirus will hit revenue
Apple iPhone maker Foxconn said on Thursday it is cautiously restarting production at its main plants in China and warned revenue will be hurt this year by the coronavirus epidemic......»»
Apple Low-Cost iPhone Production Delayed, Hit By Coronavirus
Mass production of Apple Inc.’s (NASDAQ: AAPL) new low-cost iPhone, as well as inventories of existing models, could be hit by the Covid-19 epidemic in China. read more.....»»
Global stocks tank after Apple warns Wuhan coronavirus is hammering sales
AP Photo/Richard Drew Stocks tumbled on Tuesday after Apple warned Wuhan coronavirus is hitting sales. The iPhone maker doesn't expect to hit its quarterly revenue target as the outbreak is hampering production and hurting demand......»»
Apple unlikely to meet revenue guidance due to coronavirus impact
Apple Inc said on Monday it would not meet its revenue guidance for the March quarter because of the coronavirus outbreak slowing iPhone production and weakening demand in China......»»
Coronavirus outbreak impact: Apple iPhone plan reportedly unaffected
Apple's manufacturing partners may not be able resume normal production in China anytime soon in the wake of the coronavirus outbreak, but it does not seem to be derailing the vendor's plan of lau.....»»
Apple"s main iPhone maker Foxconn to resume some Chinese production: source
Apple's main iPhone maker Foxconn got the green light on Monday to reopen two major plants in China closed because of the coronavirus and aims to resume production even though only 10% of the workforce has returned so far, a source told Reuters......»»
Top Apple iPhone maker Foxconn restarts key China plant with 10% of workers: source
Apple's biggest iPhone maker Foxconn got approval to resume production at a key plant in China after being forced to shut it following the coronavirus outbreak, but only 10% of the factory's workforce has managed to return so far, a source told Reuters......»»
iPhone maker Foxconn is warning workers in Shenzhen to stay home as it diverts production to face masks amid coronavirus outbreak (AAPL)
Reuters Major Apple manufacturer Foxconn is diverting part of its production line to make medical masks and clothing, rather than the usual iPhone parts, in its Shenzhen fa.....»»
Exclusive: Outbreak to hit iPhone output if China extends Foxconn factory halt - source
Foxconn could see a "big" production impact and shipments to customers including Apple face disruption if a Chinese factory halt due to the coronavirus outbreak extends into a second week, a person with direct knowledge of the matter said......»»
Top Apple analyst cuts iPhone shipment forecast by 10% due to coronavirus
TF International Securities analyst Ming-Chi Kuo cut his iPhone shipment guidance by 10% on Monday on indications that coronvirus is affecting Apple's iPhone supply chain......»»
Foxconn says plans in place to meet production obligations after virus outbreak
TAIPEI - Apple Inc supplier Foxconn said it could continue to meet all manufacturing obligations in the wake of a coronavirus outbreak in China even as the iPhone maker flagged uncertainty created by the disease......»»
China"s coronavirus might disrupt Apple"s production plans for the iPhone
Photo by Tomohiro Ohsumi/Getty Images Apple's su.....»»
Coronavirus outbreak may disrupt Apple"s iPhone production ramp up plans: Nikkei
Apple Inc's plan to ramp up iPhone production by 10% in the first half of this year may hit a roadblock as the coronavirus outbreak spreads across China, the Nikkei Asian Review reported on Tuesday......»»
Citi cuts Q1 iPhone production estimates on weak demand
Citi Research on Friday slashed its first-quarter production estimates for Apple Inc's iPhones and nearly halved expectations on the costliest iPhone XS Max, joining other brokerages in lowering forecast amid reports of weak demand......»»
Apple Reportedly Slashes iPhone Production Yet Again
Production decimated for the current quarter, Nikkei reports. More depressing news for Apple investors reeling from the recent downward revenue forecast for .....»»
Apple cuts Q1 production plan for new iPhones by 10 pct - Nikkei
Apple, which slashed its quarterly sales forecast last week, has reduced planned production for its three new iPhone models by about 10 percent for the January-March quarter, according to the Nikkei Asian Review on Wednesday. David Pollard reports......»»