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Apple supplier withdraws its full 2020 projections after being hit hard by COVID-19

Apple supplier Jabil withdrew its full-year guidance Monday, after the “rapidly changing” coronavirus spread made its projections of growth for the year appear wildly unrealistic. Jabil, which provides integrated circuit components for the iPhone, had hoped to increase its core earnings by 21% and revenue by 6% this year. Instead, in the last quarter it […]

(via Cult of Mac – Tech and culture through an Apple lens)

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