Apple warned of iPhone shortage due to coronavirus

Production recovers slower than expected.
Apple released an official statement tonight. She warned investors about the temporary limitation of international iPhone shipments due to an outbreak of coronavirus, which would affect her financial results.

Earlier, Apple temporarily closed branded retail stores and offices in China. IPhone international shipments will be limited until production resumes. Although manufacturing partners have already opened factories, product output is gaining volume more slowly than Apple executives expected.

In addition to the temporary shortage of iPhones around the world, quarterly sales will be significantly affected by the fact that many branded and third-party stores in China are closed. And those that did not close work on a reduced schedule, and there are very few buyers.

Apple is gradually opening its own stores, but this is clearly not enough to compensate for the failure of sales for the quarter.

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