Even though the medical condition in the USA is good because it’s China, which is suffering the most severe health problem because of the outbreak of coronavirus. Still, such an epidemic is affecting primarily on big businesses in this country also. Recent reports from Apple show that the coronavirus outbreak in China is going to change the iPhone’s production supply. The majority of the iPhone comes from China’s mega factory, and since the condition is getting worse in their workers are taking days off.
During the ongoing second quarter of this year, Apple is expecting to have less number of iPhones getting produced worldwide because of the coronavirus outbreak. Earlier experts predicted that during the second quarter of 2020, Apple would be crossing the benchmark of $63-67 billion of revenues. However, it seems like things have entirely changed since China is witnessing such a severe health attack.
Apple released a statement in which it said work conditions in China are coming back to the standard track; however, it’s still going to impact overall production supply. The revenue anticipated before all of these things happened is not going to happen for sure because workers in Wuhan and neighboring regions are not working like previously. The adverse impact of coronavirus is not only affecting supply shipment but also on-demand too. The overall demand for Apple’s iPhone has decreased dramatically in China for the last few days, and it might continue for some time. Apple said all the mega factories which are responsible for the production of iPhones are getting on the track very rapidly and glad to see such an improvement during this catastrophic environment. So far, 1600 people have died in China because of an outbreak of coronavirus, and experts think the number might be more significant than reported and hence advised to follow the precautions.