fbpx
  • About us
  • Advertise
  • Contact
  • Nominate
  • Client’s Voice
  • Login
  • Register
📖 Magazine
The Global Economics
  • Home
  • Banking
  • Non Banking
  • Markets
  • Infrastructure
  • Lifestyle
  • FeatureNew
  • Awards
No Result
View All Result
  • Home
  • Banking
  • Non Banking
  • Markets
  • Infrastructure
  • Lifestyle
  • FeatureNew
  • Awards
No Result
View All Result
The Global Economics
No Result
View All Result
Home Technology

Apple predicts a drop in revenue ahead of Corona Virus.

The Global Economics by The Global Economics
March 11, 2020
in Technology, Trending
Reading Time: 1 min read
0
Stock market crash

Stock market crash

80
SHARES
446
VIEWS
FacebookTwitterRedditWhatsAppLinkedInShare Link

Tech Giant Apple is concerned with the dip in sales due to the Coronavirus attack in China. The company shared in a statement that ‘slow return to normal condition is already experienced’ from the market. Since China holds one of the biggest markets of the iPhone, the virus has affected store hours. Sale of the Apple products has dropped due to a reduction in store time or stores being closed due to lack of manpower. Though most manufacturing partners are located outside Hubei province, Apple said ‘they are ramping slower than the expected rate’.

Future Concern

Market analysts are forecasting a further drop in iPhone demand due to the corona pandemic. The magnitude of the impact will make Apple miss revenue guidance through mid-February. Though the registered case of virus attack outside its epicentre area is decreasing, it will take time to bring back the workforce to the factories and stores.

The company experts have forecasted a drop in Global stock. The iPhone supply on a global basis has been constrained due to the epidemic. Though the situation is slowly being controlled, a lasting effect will be experienced in the mid-season revenue of Apple Inc.

The Global Economics

The Global Economics

The Global Economics Limited is a UK based financial publication and a bi-annual business magazine giving thoughful insights into the financial sectors on various industries across the world. Our highlight is the prestigious country specific Annual Global Economics awards program where the best performers in various financial sectors are identified worldwide and honoured.

Related Posts

China’s March Towards Automobile Dominance
Clean Energy

China’s March Towards Automobile Dominance

by The Global Economics
March 24, 2023
Housing Risk in South Korea Worsened Due to Bizarre $828 Billion Loan Market
Real Estate

Housing Risk in South Korea Worsened Due to Bizarre $828 Billion Loan Market

by Rahil Adnan
March 24, 2023
Singapore Dethrones Tokyo to Take Its Place as Second-Most Expensive Business Travel Destination in Asia
Tourism

Singapore Dethrones Tokyo to Take Its Place as Second-Most Expensive Business Travel Destination in Asia

by Rahil Adnan
March 23, 2023
EV Charger Makers Brace For Slowdown As New Made-In-America Rules Kick In
Energy

EV Charger Makers Brace For Slowdown As New Made-In-America Rules Kick In

by Anuj Singh
March 22, 2023
First Republic Shares Plummet Amid Liquidity Fears
Banking

First Republic Shares Plummet Amid Liquidity Fears

by Anuj Singh
March 21, 2023
Previous
Next
Facebook Twitter Instagram Youtube LinkedIn Soundcloud
The Global Economics

The Global Economics Limited is a UK based financial publication and a quarterly business magazine giving thoughtful insights into the financial sectors on various industries across the world. Our highlight is the prestigious country specific Annual Global Economics awards program where the best performers in various financial sectors are identified worldwide and honoured.

DMCA.com Protection Status

  • Privacy
  • Legal
  • Terms of Use
  • Client’s Voice
  • Server Status

norton verified - the global economics

Latest Posts

Goodbye Laissez-Faire: The End of Free Trade in America

Goodbye Laissez-Faire: The End of Free Trade in America

March 28, 2023
Iraq Halts Northern Crude Exports After Winning Arbitration Case Against Turkey

Iraq Halts Northern Crude Exports After Winning Arbitration Case Against Turkey

March 27, 2023
Hungary nears agreement with European Union to access nearly $ 30 billion frozen funds

Hungary nears agreement with European Union to access nearly $ 30 billion frozen funds

March 24, 2023
Download The Global Economics PWA to your mobile or Desktop
PWA App Download
Download The Global Economics Android App to your mobile or Desktop
Android App
Download The Global Economics IOS App to your mobile or Desktop
IOS App

All Rights Reserved © 2020 | 🇬🇧 The Global Economics, Business Finance Publication - www.theglobaleconomics.uk 🌏

No Result
View All Result
  • About us
  • Awards
  • Magazine
  • Client’s Voice
  • Exclusive Coverage
  • Nominate
  • Login
  • Sign Up

All Rights Reserved © 2020 | 🇬🇧 The Global Economics, Business Finance Publication - www.theglobaleconomics.uk 🌏

Welcome Back!

Sign In with Facebook
Sign In with Linked In
OR

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Sign Up with Facebook
Sign Up with Linked In
OR

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
-
00:00
00:00

Queue

Update Required Flash plugin
-
00:00
00:00
Go to mobile version