Analyst: Apple’s ‘revenue has merely been delayed’ due to coronavirus

After Apple announced last week that it wouldn’t be able to meet its previously-issued Q220 revenue forecast due to coronavirus-related supply and demand disruptions in China, shares are down markedly in Monday trading as concerns about the spread of COVID-19 continues to weigh on global markets.
Emily Bary for MarketWatch:Evercore ISI analyst Amit Daryanani wrote over the weekend that he was lowering his March-quarter revenue estimate by about $8.6 billion.
“Our estimate reduction i