INSUBCONTINENT EXCLUSIVE:
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China is a major market for Apple - and the closures hit sales hard
Apple has reopened all of its Chinese stores, a month after shutting them down amid the coronavirus outbreak.All 42 official Apple
retail stores opened on Friday, although some stores had special business hours.It shut the stores in mid-February, as China put several
cities on effective lockdown in a bid to contain the virus.The outbreak has slashed demand for new phones, with Apple selling less than half
the iPhones it sold in February last year.There have also been concerns about the supply of phones for Apple and other manufacturers, as
many Chinese factories which make phone parts shut down for weeks.Foxconn, which assembles Apple's phones in huge factories, said
employees had returned to work in numbers that "exceeded our expectations and imagination" - and that supplies of parts had returned to
normal, too.But it had its largest drop in revenue in about seven years during the closures.Apple, meanwhile, sold roughly 494,000 iPhones
in China in February - compared to 1.27 million in February 2019.China recorded just 19 new infections on Tuesday
President Xi Jinping visited Wuhan, the centre of the outbreak, in a high-profile visit covered by state media.TheIndianSubcontinent China
correspondent Stephen McDonell said the visit was "like a nationwide green light a way of sending out a signal that the return to
'normality' should carry on apace."
