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Well-known TF International Securities analyst Ming-Chi Kuo has responded in a note to investors, lowering the delivery forecast for iPhones in the first and second quarters of 2020 by around 10 percent.
The accurate Apple analyst Ming-Chi Kuo has revised his forecast for iPhone deliveries in the first and second quarters of 2020 downwards. The reason for this change is the coronavirus - this would significantly affect production in China. Kuo believes that only 36 - 40 million units can be delivered. In recent weeks there have been several warnings that the upcoming iPhone 9 will also be affected by the outbreak. The cheaper device, which is most likely a revised iPhone 8, is due to go on sale in February. mass production - a presentation is expected in March. But delivery could take some time - so waiting times must be taken into account - explains Kuo.
WHO declares international emergency
In the course of the last quarterly figures release, Apple also warned of restrictions. The company recently closed all company offices, stores and contact centers on the Chinese mainland on the advice of health experts. temporarily closedA few days ago, the World Health Organization (WHO) declared the coronavirus outbreak an international emergency. Accordingly, all countries must take crisis measures recommended by the WHO to prevent the spread of the new coronaviruses. You can find more information here. (Photo by mkabakov / Bigstockphoto)
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