On Monday, the Chinese government has revealed the figures for the sale of smartphones in China (via Reuters) and the data confirms the low expectations that analysts and investors predicted.
Apple (AAPL.O) has sold less than half a million iPhone in China during the month of February. In other words, the bitten apple logo company has sold a total of 494,000 units of smartphones in the Asian region.
This figure has made Apple see one each 60% in sales compared to the same period of the year 2019. A decline that comes as a result of the devastating coronavirus epidemic that plagues the Chinese country.
It may interest you | The best HomeKit accessories to control from iPhone, iPad, Mac and Apple Watch
IPhone sales in China during 2020
Apple sold 494,000 iPhone units during the month of February in China, after the government imposed restrictions on transportation and commerce to prevent the spread of the coronavirus.
Last year, during the same month of February, Apple sold 1.27 million iPhone.
From the company they estimated benefits of between 63,000 and 67,000 million dollars during the period between January and March 2020, after the boost in iPhone 11 sales at the end of 2019.
But Apple was forced to announce that its estimates would be affected by the coronavirus, as the epidemic has caused a drop in demand and production. Recall that Foxconn had to close its facilities in the Chinese region, although they are currently beginning to regain normal operations.
The vast majority of stores in China have reopened their doors at the beginning of this month of March, but we do not know if the sale of smartphones has returned to normal. The Cupertino firm will reveal its next revenue figures at a conference to be held in April.