Nikkei Asian Review:
Stocks of Apple’s iPad are running low in China as families snap up the tablets to help with e-learning at home in response to coronavirus-related school closures.
The extra demand has come as suppliers across the country are struggling to meet production demands amid labour shortages that are also related to the virus.
Demand had been rising strongly since January when Beijing began insisting on quarantine in response to the coronavirus outbreak, sources have told the Nikkei Asian Review. One source with direct knowledge of the matter said Apple recently ordered a 20% increase in production of the latest version of the iPad for the first half of this year, compared with the production forecast the company gave to its suppliers in January before the outbreak.
This is a real good news/bad news situation for Apple – sales are up but they can’t meet demand for the same reason sales are up.