Apple says it won’t meet Q2 earnings range due to coronavirus, iPhone supply constraints
February 17, 2020
Apple has shared an investor update this afternoon focused on the guidance it provided for Q2 2020. Due to the ongoing coronavirus outbreak, Apple says it won’t hit the March revenue guidance numbers it provided.
Apple had forecast a wider-than-usual range revenue range for Q2, predicting revenue between $63.0 billion and $67.0 billion. Apple now says it won’t hit even the lower-end of that…