Coronavirus is causing an iPhone shortage - but will it reach the UK?

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Samsung just launched its new range of S20 phones. Huawei is facing controversy in the UK over the 5G network. But now Apple is hitting the headlines because of a threat from coronavirus, known as Covid-19.

Last night, Apple told investors that it would fail to meet its first quarterly revenue target because of the closure of its factories in China. Aiming to make nearly £48 to £52 billion, Apple is also falling short because of a drop in customers from China.

In a statement, Apple said, “Work is starting to resume around the country, but we are experiencing a slower return to normal conditions than we had anticipated. As a result, we do not expect to meet the revenue guidance we provided for the March quarter.”