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Tag: iPhone Shortage

Coronavirus Outbreak Creates iPhone Shortage | Entrepreneur

February 19, 2020 ~ knjohn ~ Leave a comment

The coronavirus outbreak has “temporarily constrained” the iPhone supply chain in China, which has been hit hardest by the illness. As a result, Apple expects to miss the $63 billion to $67 billion in sales it projected to rake in this quarter.

“These iPhone supply shortages will temporarily affect revenues worldwide,” the company said in an investors’ note.

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