There are questions about whether ongoing disruptions caused by coronavirus could cause problems for — or even delay — the 5G iPhone release that many are counting on to provide a big boost to Apple
The iPhone maker has been hit harder than expected by the coronavirus outbreak. The company told investors earlier this week that it no longer expects to meet revenue guidance it provided only last month for the current quarter, which ends in March. Travel restrictions, limited store hours and disruptions at factories in China are keeping Apple from selling and making as many devices as it had hoped. The situation raises the stakes for key product releases slated for later this year.
On Wednesday, Nikkei reported that Apple will likely miss its schedule for releasing a more affordable version of the iPhone S this spring,citing sources familiar with the matter.Around 15 million to 17 million units of the updated iPhone S were set for release in March, Wedbush analyst Dan Ives told CNN Business. Apple did not respond to a request for comment on the report.
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