The restrictions caused by the coronavirus continue to give bad news. A Reuters report reports a new estimate from Chinese Chinese of Information and Communication Technology, which Apple estimates it would have sold less than half a million iPhone units in the country during the month of February.
Keep in mind that it is the ratings made by third parties and not Apple's official statistics, but if they are true could mean a decrease of almost 60% of sales
All manufacturers have had a very bad decline
It can't be good news, of course. Source It involves a strong decline in third-party mobile sales, causing a new fall in stock prices. From Apple, as the situation stabilizes in China, they are taking steps to reopen their stores while maintaining certain security restrictions to protect the health of visitors. That has even spread to Copertino, where all potential employees work in their homes and not in Apple Park; and now rumors running around
Sales in the second quarter are not usually the most significant amount of revenue for the entire financial year. Apple's revenues from China in that period of 2019 were $ 10,218 million, 17.6% of that year's total, and that figure already represents a decrease of 21.5% compared to the previous year. Apple and other manufacturers will stick to this and other good parts within the bad news to regain power when the coronavirus becomes more controlled.
Apple will post the financial results of this fiscal quarter at the end of next month (if no events are reported), and it will be at that moment that we can see how the sales decline and costs have reached official prices. Until then, we can rely solely on analysts' estimates and forecasts.
