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 products possible is our paramount priority, and we are working in close consultation with our suppliers and public health experts as this ramp continues,' Apple said in a statement.
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5 comments:
I could not care less.
What we should worry about is that most of our pharmaceuticals come from China, and the delay in processing is going to cause price increases and shortages.
LETS TAKE ALL BUSINESSES OUT OF CHINA AND SEND THOSE CHEATERS BACK 100 YEARS!!!
After letting the Feds have a back door in to all of their products, I would be surprised if it doesn't tank!
Don't worry about the feds back door into Apple products, worry more about the Chinese governments back door into all the Apple products they have made and sold around the world, not to mention all the other computer products that have been made in China over the last two decades.
$$$$$$$$$$. Money the root of all Evil !
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