As expected, the coronavirus took a toll on Apple's (NASDAQ: AAPL) second quarter of fiscal 2020. The tech giant had initially guided for fiscal first-quarter revenue between $63 billion and $67 billion. But when the coronavirus led to production constraints and store closures in China during February, Apple told investors its revenue was expected to come in below its guidance range for the period -- and it did exactly that, coming in at $58.3 billion.
Nevertheless, the tech company's fiscal second-quarter results still managed to highlight why Apple stock is worth buying today, while shares are still trading well below pre-coronavirus levels.
Apple Watch Series 5. Image source: Apple.
Source Fool.com