A new chapter in which we talk about the effects of Conoravirus on the technology world, specifically in relation to Apple. According to Reuters, Apple stopped selling nearly 500,000 iPhone in February, in China only, because of restrictions imposed by the Chinese government on the coronavirus.
These figures are approximately equal 60% of iPhone sales and worse than those provided by the IDC, which said that by the first quarter of 2019, sales would fall 40% due to the impact of the coronavirus. The refusal of the Chinese government to circulate freely last month, paralyzed the country.
The Chinese Academy of Technology, where Reuters obtained such data, says that the brands posted a total of 6.34 million devices in February, which means 55% reduction, in relation to the 14 million distribution took place in February 2019.
Asian products, Huawei and Xiaomi, be the ones most severely affected by the coronavirus, as the consignment's total shipments rose from 12.72 million in February 2019 to 5.85 million last month.
The number of infected and dying people in China has dropped dramatically in China, according to government data, so the coronavirus has ceased to be an issue to consider. Now We have a problem across the country.
In mid-February, Apple announced that it was forced to Review the financial forecast for the first quarter of 2020, because of the outbreak of a coronavirus in China, at $ 4,000 million in income, the figure that seeing the evolution of the virus has, is probably too great.
The low demand for customers in China and the lack of iPhone equipment are two main things that will affect you, more seriously, on Apple's economic results (and on all technology companies) in the first quarter of 2020.