Apple’s China iPhone Sales Dropped in January as Virus Emerged
February demand likely to be ‘far worse,’ UBS analyst says
Overall smartphone sales in China slumped about 37%, data show
WATCH: Roger McNamee, Elevation Partners co-founder and author of 'Zucked', discusses the coronavirus impact on tech and election security.(Source: Bloomberg)
Apple Inc.’s China iPhone sales dropped in January as the coronavirus began to spread, according to an analysis of government data on Monday.
Demand for the product fell 28% compared with the previous month, a bigger decline than usual for that time of year, according to a UBS research note citing official Chinese data.
