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Amid Coronavirus epidemic Apple warns of iPhone shortages, may affect revenue forecast

Shortpedia

Content Team

The Coronavirus epidemic has killed 1,700 people in China and has infected 70,500 people, and these horrifying numbers and critical condition in the country has affected Apple's business. As the company has witnessed a major slowdown in China due to the virus and is expecting a shortage in iPhone production, and may fail to meet the forecasted revenue of $63 billion to $67 billion for the quarter ending in March.