Apple Warns China Virus Will Cut iPhone Production, Sales

Apple Inc. is warning investors that it won't meet its financial guidance because the viral outbreak in China has cut production of iPhones.

  • Published 17 February 2020

This article was republished here with permission from The Associated Press, however it is no longer available to read on Snopes.com.

CUPERTINO, Calif. (AP) — Apple Inc. is warning investors that it won’t meet its second-quarter financial guidance because the viral outbreak in China has cut production of iPhones. The Cupertino, California-based company said Monday that all of its iPhone manufacturing facilities are outside Hubei province, the epicenter of the outbreak, and all have been reopened. But the company said production is ramping up slowly. “The health and well-being of every person who helps make these… Read at AP News