Apple Says iPhone Production, Sales Are Down Due To Coronavirus

The transcript discusses the impact of COVID-19 on Apple's iPhone production and sales. Apple announced it would not meet its revenue guidance due to slower-than-expected manufacturing ramp-up and decreased demand in China, where retail stores face closures or reduced hours. However, demand outside China remains strong. The transcript also notes the COVID-19 death toll exceeding 1700.

What was the primary reason Apple could not meet its revenue guidance?

• Increased competition

• Supply chain disruptions due to COVID-19

• New product launch delays

• High production costs

Where are Apple's iPhone manufacturing partner sites located in relation to the Hubei province?

• Inside the Hubei province

• Outside the Hubei province

• In the United States

• In Europe

Why is the demand for iPhones in China lower than expected?

• Increased competition from local brands

• Lack of new features

• Retail store closures and reduced hours

• High prices

How has the demand for iPhones outside of China been described?

• Unpredictable

• Declining rapidly

• Strong and in line with expectations

• Below expectations

What is the reported death toll from COVID-19 as mentioned in the transcript?

• More than 1700

• More than 1000

• More than 1500

• More than 2000