iPhone shipments expected to fall 10% in Q1 2020 due to coronavirus

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iPhone-11-vs-XS
Coronavirus is starting to have a big impact on Apple.
Photo: Killian Bell/Cult of Mac

iPhone shipments could fall 10% during the first quarter of 2020 as a result of the coronavirus outbreak.

Reliable TF International Securities analyst Ming-Chi Kuo has reduced his forecast to 36-40 million units. His latest report, seen by Cult of Mac, also warns that it’s too early to tell what kind of impact the epidemic might have on Q2.