The coronavirus has had a major impact on the technology world, so not only will Apple shut down its stores and support centers in China until February 9, but it will also affect other parameters. So, analyst Ming-Chi Kuo, slightly lower expectations for iPhone shipments during the first quarter of 2020.
In a statement to investors shared by AppleInsider, Ming-Chi Kuo confirms that smartphone shipments are lower than expected in all areas. Koo's latest survey shows that Shipping only to the Chinese market dropped between 50% and 60% year-over-year on Chinese Year Holidays
Poor delivery due to negative impacts on consumer confidence
In addition to showing that the main reason for the lower claim is related to the fact that users feel that 5G does not provide them with new information, (something that especially affects Android), Kuo said consumer confidence was affected after the coronavirus outbreak.
"Smart phone shipments to the Chinese market were 360-8080 million units by 2019 (…) We expect shipments to drop 15% year-on-year to 310-3030 units by 2020, due to the need for replacement less than expected for 5G models and adverse effects on consumer trust for coronavirus outbreaks
According to the analyst, Apple currently has some problems in the region closely associated with coronavirus.
"Our latest research shows that iPhone availability is affected by Coronavirus, and therefore, reduced iPhone forecasts by 10 percent to 3640 billion in the first quarter of 2020 (compared to 38 million units in 1Q19)", the commentator holds.
For now, Kui says it's hard to predict shipments by the second quarter of 2020 due to the uncertainty of the coronavirus epidemic and consumer confidence.