So layoffs this year? Last year surprisingly, Apple layoffs were quite low compared to other big tech rent collectors who were laying off people in the tens of thousands. Apple I don't think crossed a few hundred. Going to be interesting to see how they weather this.
So far it is contained to China - about 20% of their total revenue.
“For the second quarter, the possibility of new colour options combined with aggressive sales initiatives could bring the brand back into positive territory.”