Reports: Apple iPhone supply might dip by 10% due to Cornovirus Outbreak

The recent
coronavirus outbreak in China has affected not only people’s lives in China but
big tech giants as well. This also affects Apple’s iPhone supply in the Chinese
market. As per the latest report by MacRumours, Noted analyst Ming-Chi Kuo
believes that the virus outbreak in China will affect iPhone supply in the
region. He has thus lowered his shipment forecast by 10% to 36-40 million units
in Q1 2020.

Kuo
reportedly says that smart-phone shipments in China have declined by 50-60% year-over-year
during the Chinese New Year holiday period. According to him, this decline is
probably because of the declining consumer confidence in the country stemming
from the coronavirus outbreak”.

Apple has
also recently closed all its stores in mainland China until 9 February due to
the outbreak.

In related
news, Apple is expected to launch quite a handful of devices in the next few
months. Kuo had earlier suggested that Apple is likely to launch Ultra Wideband
tags, high-end wireless headphones, a 4.7-inch iPhone, refreshed iPad Pro
models, and refreshed MacBook Pro and/or MacBook Air models in the first half
of 2020.

It is also
rumoured that Apple will launch a low-cost iPhone in March this year and it
could be named as iPhone SE 2 or iPhone 9, which might retail around $399.