The coronavirus’ impact on Apple’s current-quarter results is shaping up to be worse than previously expected: According to data from the Chinese government released Monday, iPhone unit sales in the country dropped by more than half in February.
The tech giant last month already warned investors that the coronavirus would hurt sales in China and lead to iPhone manufacturing delays.
For the month of February, iPhone sales fell 61%, from 1.27 million a year earlier to 494,000, according to figures from the China Academy of Information and Communications Technology (CAICT).
Apple’s stores in China were closed because of the virus for about two weeks in February. Overall, a total of 6.34 million smartphones were sold last month in China, down
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