Apple store closures impacted the company’s business, but perhaps not as much as other tech companies. In February 2020, Apple sold 494,000 iPhones in China, that’s 61% less than the previous year. Now, according to a Reuters report, the China Academy of Information and Communications says there were 2,5 million iPhones shipped in March. It would appear as things are slowly recovering in the country, according to the same report, 21 million phones were sold in March.
Apple seems to be on top of the situation, CEO Tim Cook being very hands-on during the coronavirus crisis. The Apple boss showed his support for China and its efforts, saying that the country has “demonstrated admirable spirit and resilience.” Also, Apple has donated over $7 million to the China Foundation for Poverty Alleviation.
The Cupertino company is working hard to release the iPhone 12 this year, supplier Foxconn is even taking extreme measures to make sure production doesn’t experience any more delays. The latest rumors have Apple’s new flagship phone looking like this.
Also, 5G suppliers are waiting on Apple to choose if the iPhone 12 will be delayed, if so they will delay volume production by a month or more. The release of the new device will surely increase the demand for 5G technology.