The decline in iPhone sales in China reached 60% due to the coronavirus epidemic

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The decline in iPhone sales in China reached 60% due to the coronavirus epidemic

China, coronavirus, decline, due, Epidemic, iPhone, reached, sales


Apple China

On Monday the Chinese government released statistics on the sale of smartphones in China (via Reuters) and the data confirm the low expectations of analysts and investors.

Apple (AAPL.O) sold less than half a million iPhone phones in China during the month of February. In other words, the company that bites the apple logo has sold a total of 494,000 units of Smartphones in the Asian region.

This figure has made Apple aware a 60% decrease in sales compare with the same period of 2019. The decline comes as a result of the deadly coronavirus plague that is affecting China.

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IPhone exports to China in mid-2020

IPhone 11 China

Apple sold 494,000 iPhone units in February in China, after the government imposed restrictions on travel and security to prevent the spread of coronavirus.

Last year, during that month of February, Apple sold 1.27 million iPhone.

From the company balance the benefits in between $ 63,000 and $ 67,000 million during the period that covers the months of January and March 2020, following the speed of sales of the iPhone 11 at the end of 2019.

But Apple was forced to announce that its estimates would be affected by coronavirus, as the epidemic caused a decline in demand and productivity. Remember that Foxconn had to close its facilities in the Chinese region, even though they are now beginning to return to normalcy in their operations.

Most stores in China They reopen earlier this March, but we do not know whether sales of smartphones have returned to normal. Campertino's company will announce its upcoming funding figures at a conference in April.



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