Coronavirus could lead to a 40% to 50% decline in Apple sales in China
China Global Times is out with a tweet saying that they expect sharply lower sales in China for Apple iPhones.
That is not all that surprising. Apple warned a few days ago that revenues would be sharply lower as a result of the coronavirus. People are just not on the streets in China. Apple shares are currently down $0.21 or -0.07% at $323.41.
Earlier P&G warned that China disclose that supply and demand challenges as emerged as a result of the coronavirus.
In other coronavirus news, the World Health Organization says that expects results in 3 weeks on two of therapeutics for coronavirus infections.
