Bulletins
To give you the best possible experience, this site uses cookies. If you continue browsing. you accept our use of cookies. You can review our privacy policy to find out more about the cookies we use.
source-codesource codeauthorDavid PierceNoneWant your finger on the pulse of everything that's happening in tech? Sign up to get David Pierce's daily newsletter.64fd3cbe9f
Subscribe to
Want to better understand the $150 billion gaming industry? Get our newsletter every Tuesday.
Are you keeping up with the latest cloud developments? Get Tom Krazit and Joe Williams' newsletter every Monday and Thursday.
David Wertime and our data-obsessed China team analyze China tech for you. Every Wednesday, with alerts on key stories and research.
Want your finger on the pulse of everything that's happening in tech? Sign up to get David Pierce's daily newsletter.
Do you know what's going on in the venture capital and startup world? Get the Pipeline newsletter every Saturday.
Do you know what's coming next up in the world of tech and entertainment? Get Janko Roettgers' newsletter every Thursday.
Hear from Protocol's experts on the biggest questions in tech. Get Braintrust in your inbox every Thursday.
Get access to the Protocol | Fintech newsletter, research, news alerts and events.
February 17, 2020
In a rare update to its quarterly guidance, Apple said that even as work is starting to resume in China, coronavirus is having a bigger effect on its sales and production than originally expected.
Apple's note said that the company is likely to miss its revenue targets for the current quarter, for two reasons. First, that because of a "slower return to normal conditions than we had anticipated," supplies of iPhones are likely to be constrained worldwide. Second, that because coronavirus led to so many stores closing or reducing hours, sales in China have dropped. "Apple is fundamentally strong," the note said, "and this disruption to our business is only temporary."
David Pierce
David Pierce ( @pierce) is Protocol's editor at large. Prior to joining Protocol, he was a columnist at The Wall Street Journal, a senior writer with Wired, and deputy editor at The Verge. He owns all the phones.
Latest Stories
See more
Most Popular
Bulletins
April 20, 2021 16:30 EST
Get Source Code in your inbox
David Pierce's daily analysis of the tech news that matters.
To give you the best possible experience, this site uses cookies. If you continue browsing. you accept our use of cookies. You can review our privacy policy to find out more about the cookies we use.