All eyes on tech bellwether following Apple virus cut


FILE PHOTO: The Apple Inc. logo is seen hanging at the entrance to the Apple store on 5th Avenue in Manhattan, New York, U.S., October 16, 2019. REUTERS/Mike Segar/File Photo

APPLE Inc has thrown out its March-quarter revenue guidance three weeks after providing it.

Despite factoring in possible downside from the China coronavirus outbreak in its original forecast, the iPhone maker realised that things have deteriorated much more than it had anticipated. It gave no new figure and merely said the old one no longer applies, an admission that the company really can’t quantify the impact.

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