Health and Science

Apple says it will miss quarterly guidance amid coronavirus outbreak, China death toll tops 1,800

Key Points
  • Apple detailed coronavirus' initial retail and supply impact as businesses around the world begin to calculate the early financial toll of the deadly outbreak.
  • The World Trade Organization says coronavirus could further dampen growth in global trade of goods in early 2020.
  • American passengers quarantined on the Diamond Princess cruise ship in Japan began evacuating on Sunday.

The coverage on this blog has ended — but for up-to-the-minute coverage on the coronavirus, visit the live blog from CNBC's Asia-Pacific team.

All times below are in Eastern Time.

6:58 p.m. China says total death toll from virus outbreak at 1,868 people

China's National Health Commission said there were 1,886 confirmed new cases on the mainland and 98 additional deaths related to the new, deadly strain of coronavirus, most of them occurring in Hubei province. As of Feb. 17, the Chinese government said there was a total of 72,436 confirmed cases and 1,868 people have died so far.

6 p.m. China's Hubei province reports 93 additional deaths

As of the end of Monday, there were an additional 93 deaths and 1,807 newly confirmed cases reported in China's Hubei province. Those numbers were slightly lower compared to the previous day. Thus far, a total of 1,789 people have died in Hubei from the coronavirus disease and there have been a total of 59,989 confirmed cases.

4:30 p.m. Apple says it will miss its quarterly sales forecast, blames coronavirus

Apple said Monday that it would not meet its quarterly revenue forecast because of constrained worldwide supply of its iPhones and lower Chinese demand resulting from the virus outbreak.

The company says its iPhone manufacturing partner sites have all reopened, but that they are "ramping up more slowly than we had anticipated."

"The iPhone supply shortages will temporarily affect revenues worldwide," Apple added.

Adding to the issue, many retail stores, including Apple's own shops, have been closed or offering only reduced hours for the past few weeks. —Elisabeth Butler Cordova

2:05 p.m. Runners curse coronavirus as organizers close the Tokyo Marathon to non-professionals

Two weeks before the Tokyo Marathon's start gun was slated to fire, race organizers booted all non-professional runners out of the annual marathon. Some took to social media to voice their frustration and disappointment over sunk entry fees and airfare costs, as well as potentially squandered time and effort training. Ryan Lederer of Chicago told CNBC that while he agreed with prioritizing public safety, his inability to run in March feels like "a bit of a waste" after months of conditioning and dieting. — Franck

2:00 p.m. 10 Diamond Princess passengers deemed "high risk" and taken to Nebraska hospital

Ten Diamond Princess cruise ship passengers deemed high risk, along with their spouses, have been transported to the University of Nebraska Medical Center in Omaha for isolation, U.S. State Department officials said.

Three passengers who were flown to Travis Air Force Base in California experienced elevated temperatures and were taken to a local hospital for evaluation. They will be cleared to return home after 14 days under supervision.

Roughly 60 Americans from the ship are still in Japan, including those who are hospitalized. — Lucas

12:15 p.m. Macao casinos to reopen Tuesday

Casinos in Macao will reopen Tuesday, the Associated Press reported, citing Macao's public broadcaster TDM.

The Chinese territory imposed a two-week suspension on gaming operations to stop the spread of the virus. Authorities said that Macao has not reported any new cases since Feb. 4. —Lucas

11:35 a.m. Coronavirus trends outside China seem promising, but every scenario is still on the table, WHO leader says

The latest data provided by China shows a decline in new cases of coronavirus infections, but "every scenario is still on the table" in terms of the epidemic's evolution, the World Health Organization says.

Dr. Mike Ryan, head of the organization's emergencies program, noted a positive trend in the virus' existence outside of China. "The real issue is whether we are seeing efficient community transmission outside of China and at the present time we are not observing that," he said. —Reuters

11:00 a.m. Tokyo marathon canceled for non-professional runners

The Tokyo Marathon Foundation said Monday that it will cancel the running event for non-professional runners as the coronavirus continues to pose a significant public health threat for large-scale events. More than 35,000 runners had registered for the March 1 marathon, which will now be open only to competitive runners. The Tokyo marathon is an Olympic trial race. Tom Franck

10:30 a.m. Geneva inventions exhibit postponed due to coronavirus

An annual International Exhibition of Inventions held in Geneva has been postponed by six months due to the coronavirus epidemic, its organizers said on Monday. Half of its 700 exhibitors come from Asia.

The exhibition was slated to feature 1,000 new inventions and products from 40 countries, according to the organization, and some 57,000 visitors were expected to attend.

"...The exhibition management has chosen to be wise and decided to postpone the largest event of its kind in the world until September," organizers said in a statement, citing difficulties for inventors planning their trips. —Reuters

10:05 a.m. Beijing Auto Show delayed

Organizers of China's annual car show, which was scheduled for late April, will delay the event due to the outbreak, Reuters reported on Monday.

A new date for the auto show has not yet been set. — Amelia Lucas

9:35 a.m. Coronavirus could impact 5 million companies worldwide, new research shows

The new coronavirus outbreak and subsequent shutdown of huge swathes of China could impact more than 5 million businesses worldwide, according to a new study from global business research firm Dun & Bradstreet.

The Chinese provinces most impacted by the virus are intricately linked to the global business network. The affected areas with 100 or more confirmed cases as of Feb. 5 are home to more than 90% of all active businesses in China, according to the report, and around 49,000 businesses in these regions are branches and subsidiaries of foreign companies.

About 19% of the companies with subsidiaries in impacted regions are headquartered in the U.S. Elliot Smith

9:10 a.m. China is sterilizing cash in an attempt to stop the coronavirus spreading

Chinese banks have been ordered to disinfect cash before issuing it to the public in an effort to curb the spread of the new coronavirus that has so far killed 1,770 people in the country.

The Chinese government said during a press conference on Saturday that banks would only be permitted to release new bills which had been sterilized.

Money removed from high-risk sites such as hospitals and markets would be sealed and specially treated, but it would then be held by the People's Bank of China instead of re-entering circulation, officials said. Chloe Taylor

8:50 a.m. Biotech firm Novacyt's shares jump on coronavirus test update

Novacyt said on Monday that it has launched a "CE-Mark" molecular test to help detect COVID-19, the new coronavirus that is afflicting China.

Novacyt CEO Graham Mullis says the test can produce a result in less than two hours. Novacyt shares jumped more than 30% in late session trading in Paris. —Reuters

7:50 a.m. WTO warns that COVID-19 could further weaken expected growth of global trade in goods

Growth of global trade in goods is likely to remain weak in early 2020, the World Trade Organization said on Monday, adding that the below-trend performance could be reduced even further by the new coronavirus.

The WTO said that, based on a decline of its trade outlook indicator, year-on-year merchandise trade growth may fall again in the first quarter of 2020. —Reuters

6:50 a.m.: China's drinkers get happy hour margaritas delivered to their door as coronavirus lockdown continues

Bars in major Chinese cities are delivering their happy hour drinks deals to customers' places of residence as a large number of people remain stuck indoors because of the outbreak of the new coronavirus.

But with people staying at home in China and some cities putting a ban on dining out in groups, to try to contain the spread of the virus, bars are taking drinks to where their customers are.

In the southern Chinese city of Guangzhou, a major trading and economic hub, a number of bars have started delivering their discounted drinks. Bandidos, a Mexican eatery, is packing its 25 yuan ($3.58) Margaritas into jars and sending them with a straw to customers. Their happy hour is from Monday to Friday between 4 p.m. to 7 p.m local time. Customers can contact one of the representatives for the bar on messaging app WeChat to order their drinks. — Arjun Kharpal.

5:30 a.m.: Russia confirms citizen aboard Diamond Princess cruise ship has coronavirus

Russia has confirmed a citizen who had been aboard the Diamond Princess cruise liner docked in Japan's port of Yokohama has tested positive for the coronavirus.

The woman will be taken to hospital to undergo a course of treatment in the near future, the Russian embassy to Japan said in a post on Facebook on Monday.

She is thought to be the first Russian national to contract COVID-19, after the two previous cases of the virus found in the country were both Chinese citizens.

5:15 a.m.: Hong Kong's Cathay Pacific Airways warns of hit to results in first half of the year

Cathay Pacific Airways has warned its financial results in the first half of the year will be "significantly" lower than last year.

The Hong Kong-based airline said Monday that it had slashed overall passenger capacity by 40% in February and March, citing the coronavirus outbreak. It also said a reduction in passenger capacity was likely in April.

"The first half of 2020 was already expected to be extremely challenging financially," Cathay Pacific Group Chief Customer and Commercial Officer Ronald Lam said in a statement.

"As a result of this additional significant drop in demand for flights and consequential capacity reduction caused by the novel coronavirus outbreak, the financial results for the first half of 2020 will be significantly down on the same period last year."

3:10 am: US confirms 14 cases of coronavirus from passengers on board Diamond Princess cruise ship

The U.S. facilitated the voluntary repatriation of over 300 U.S. citizens and their immediate family members who had been passengers on the Diamond Princess cruise ship, the State Department said in a statement on Monday.

During the evacuation process and once the passengers had disembarked the ship, which is currently quarantined in Japan's port of Yokohama, U.S. officials said they received notice that 14 passengers had tested positive for coronavirus.

After consultation with U.S. Department of Health and Human Services, the State Department made the decision to allow these 14 individuals, "who were in isolation, separated from other passengers and continued to be asymptomatic, to remain on the aircraft to complete the evacuation process."

The flights, which departed Japan at approximately 4:30 p.m. Eastern time on Sunday, landed in the U.S. Monday morning. All passengers will now remain under quarantine for 14 days.

"Passengers that develop symptoms in flight and those with positive test results will remain isolated on the flights and will be transported to an appropriate location for continued isolation and care," the statement said.

Read CNBC's coverage from CNBC's Asia-Pacific team overnight here: US confirms 14 new cases, repatriates cruise ship passengers