Employees wear face masks as they stand in a reopened Apple Store in Beijing on Friday. Photo: AP
Employees wear face masks as they stand in a reopened Apple Store in Beijing on Friday. Photo: AP

Coronavirus impact means Apple won’t meet quarterly revenue target

  • Store closures in China have led to lower iPhone demand, while company is experiencing ‘slower return to normal’ than anticipated, it says in statement
  • Apple had originally forecast revenue of US$63 billion to US$67 billion for fiscal second quarter ending in March

Employees wear face masks as they stand in a reopened Apple Store in Beijing on Friday. Photo: AP
Employees wear face masks as they stand in a reopened Apple Store in Beijing on Friday. Photo: AP
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