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Apple to Miss Revenue Forecasts Due to Coronavirus

By
Nick Wingfield
· · Source: The Information

Apple warned that it will miss its revenue forecasts for the current quarter due to the business impact from the coronavirus. In a statement, the company said its business will suffer both because of production problems in China and weak demand among consumers in the country, where the outbreak of the virus originated. Apple said its worldwide iPhone supplies will be “temporarily constrained” as...

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