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Coronavirus Affects - Apple Closing All Stores in China

The Coronavirus affects Apple Closing All Stores in China.

Apple is closing all stores including, corporate offices and contact centers in China, due to Coronavirus stress through 9 February, the company says in the statement.

The company has confirmed that it would close all Apple stores in china, but customers can purchase Apple devices from online stores.

In the statement,

"Our thoughts are with the people most immediately affected by the Coronavirus and with those working around the clock to study and contain it. Out of an abundance of caution and based on the latest advice from leading health experts, we are closing all our corporate offices, store and contact centers in mainland China through February 9."

'Apple's online store in China remains open. We will continue to closely monitor the situation and we look forward to reopening our stores as soon as possible."

Apple analyst Ming-Chi Kuo believes that the iPhone supply is also hit by coronavirus, so he estimates shipments in the first quarter of the year to drop by approximately 10 percent. Apple, Kuo says, should now sell between 36 and 40 million iPhones in this quarter.

Furthermore, anticipating iPhone sales in the second quarter is much more difficult now, as the long-term impact of coronavirus on the supply chain is difficult to predict given the outbreak.

Also See- Track Real time CoronaVirus Stats

At the time of writing, nearly 300 people have died due to Coronavirus infection.

The new research estimates that 75,000 people are infected with Coronavirus in Wuhan, China.

"We estimate that 75,815 individuals have been infected in Wuhan as of January 25, 2020," a team led by Gabriel Leung from the University of Hong Kong reported in The Lancet.

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