Stocks rose after China unveiled several fiscal and monetary stimulus measures in an attempt to limit the damage from coronavirus-fueled business shutdowns…
Tag: China
Samsung looks to profit from China virus woes afflicting Apple
Samsung Electronics stands to be a beneficiary of production problems in China due to the coronavirus outbreak. Apple on Monday warned…
Wedbush analysts remain bullish on Apple despite warning
Wedbush analysts Daniel Ives and Strecker Backe remain bullish on Apple’s “5G supercycle thesis” despite the revenue warning issued by the company…
Analysts see short-term hit from Apple coronavirus warning
Apple shares fell on Tuesday, after the company said the coronavirus outbreak would cause it to miss its guidance range this quarter. The warning was…
Apple CEO Cook coronavirus memo to staff sees ‘slower return to normal’
Apple CEO Tim Cook on Tuesday issued a memo to company staff that discusses the 2019-nCoV coronavirus. Apple will be doubling the company’s donation…
China sees fall in coronavirus deaths
China is seeing the first fall in coronavirus deaths as the country reported its fewest new infections of the 2019-nCoV coronavirus since January…
Apple warns on quarterly guidance due to coronavirus impact
Apple has issued a statement warning that the company will miss their quarterly guidance given on January 28th with last month’s earning report…
Coronavirus outbreak could disrupt Apple’s MacBook plans
Chinese assemblers of notebooks, including Apple MacBooks, face the possibility of component shortages due to the coronavirus outbreak …
Apple to reopen retail store in Shanghai on February 15th
Apple said on Friday it would reopen one of the company’s seven retail stores in Shanghai on February 15th albeit with reduced working hours…
Mobile World Congress cancellation is good news for Apple’s ‘iPhone SE 2’
sterday’s cancellation of the 2020 Mobile World Congress in Barcelona, Spain, could very well be good news for Apple’s “iPhone SE 2” launch…
Apple suppliers scramble to restart production in China while keeping vast factories coronavirus-free
Apple suppliers in China are scrambling to restart production. Foxconn’s main Longhua campus in Shenzhen is the size of 250 football fields…
Apple set to reopen some retail stores in Beijing on February 14th
Apple preparing to reopen some of the company’s Retail Stores in Beijing, China after shutting them due to the 2019-nCoV coronavirus outbreak…
Coronavirus outbreak could force Apple iPhone 12 delay
Apple is expected to debut their next-gen “iPhone 12” family this September, but the company could be at risk of falling behind schedule due to…
Foxconn refutes Reuters report on restart timeline for Chinese factories
In a statement to the Taipei stock exchange, Taiwan’s Foxconn on Thursday refuted that recent Reuters reports on its plans to restart factories in China…
Coronavirus infects Apple’s Mac Pro delivery schedule
For at least a week, many custom iMac, iMac Pro, and MacBook Pro configurations have been facing longer-than-usual delivery estimates on Apple’s online store…
Mobile World Congress 2020 canceled due to Coronavirus outbreak
The 2020 Mobile World Congress has been canceled by GSMA due to fears surrounding the 2019-nCoV coronavirus outbreak. The decision to abandon…
Apple shares surge as Chinese factories accelerate post-coronavirus restarts
Following a report that Foxconn’s iPhone assembly plants will speed up their return to normal production, the market saw Apple shares surge …
Coronavirus effects on Apple to date
The 2019-nCoV coronavirus continues to spread through China. Here’s a rundown of the effects on Apple due to the coronavirus so far…
Foxconn plans to resume 50% of output in virus-hit China by end of month
Foxconn plans to resume 50% of output in virus-hit China by end of February, as the major Apple-supplier reopens plants shut over the coronavirus outbreak…
JPMorgan: Coronavirus may be smaller risk to Chinese manufacturing than feared
The 2019-nCoV coronavirus outbreak that killed at least 1,018 may be a smaller risk to Chinese manufacturing than feared, according to JPMorgan …
Nasdaq climbs to record as investors look past coronavirus
The Nasdaq Composite and S&P 500 clinched closing records on Monday as investors took heart in mostly solid U.S. fourth-quarter corporate earnings…
China’s Q1 smartphone sales may be cut in half due to coronavirus
Since many retail shops have closed for an extended period and production has yet to fully resume, China’s Q1 smartphone sales may plunge by as much as 50%…
Ming-Chi Kuo: Foxconn moves some iPhone assembly from China to India and Taiwan due to coronavirus
Apple analyst Ming-Chi Kuo says some Foxconn iPhone assembly has been moved from China to India and Taiwan due to the coronavirus impact on production…
iPhone assembler Foxconn restarts key China plant with 10% of workers
Apple’s largest iPhone assembler, Foxconn, has received approval from the Chinese government to resume production at a key plant in China…
China government blocks restart of Foxconn plants due to coronavirus
Apple iPhone assembler Foxconn’s plan to restart production on Feb. 10 has been called off by the gov’t in China due to the coronavirus outbreak…
U.S. stock index futures primed for a big rally at open
U.S. stock index futures surged 1% on Tuesday, signaling a recovery for Wall Street from a sharp coronavirus-led pullback last week, with fresh…
Analyst: Apple Retail Store closures in China pose ‘containable’ risk
Wedbush analyst Daniel Ives says, the Apple Retail Store closures in China likely won’t cause the loss of significant sales…
U.S. stock futures look to rebound as China seeks to curb virus impact
As China took steps to relieve pressure on its economy from the impact of the 2019-nCoV coronavirus, U.S. stock index futures climbed on Monday…
All Apple Stores closed in mainland China due to coronavirus outbreak
On Saturday, Apple said, all Apple Stores and corporate offices are closed in mainland China until February 9th, as fears over the coronavirus outbreak…
Apple’s budget-friendly ‘iPhone SE 2’ reportedly now in trial production
According to supply-chain sources, Apple is already in trial production of a new budget-friendly “iPhone SE 2.” Mass production set to begin shortly…
Stocks hit hard by rising coronavirus cases, which near 10,000
Stocks are being hit hard by concerns over rising coronavirus cases. The escalating spread of the coronavirus rattled global markets…
Apple reduces massive bill for back taxes the EU claims it must pay Ireland
According to regulatory filings, Apple reduced a massive back tax bill it must pay Ireland after other governments claimed a slice of the payment last year…
Kuo: New Apple products ‘iPhone SE 2,’ Apple Tags, wireless charging mat, and more coming in first half
Analyst Ming-Chi Kuo today mentions several new Apple products that are expected to arrive in the first half of 2020. The lineup includes the iPhone SE 2…
Apple is working to mitigate the impact of China coronavirus
Apple is working to mitigate the impact of China coronavirus which is negatively impacting retail traffic, shutting stores, and prompting Apple to limit…
Apple closes store, restricts employee travel due to China coronavirus
Apple CEO Tim Cook said today that the company is restricting travel and have closed one store in China amid the Wuhan coronavirus outbreak…
Asian suppliers warn Apple about potential Wuhan coronavirus impact
Apple suppliers warned that the Wuhan coronavirus affect could Apple. The over 10% increase vs. last year’s iPhone production that Apple recently…
Apple reveals which governments requested the most user data
In their biannual “Apple Transparency Report: Government and Private Party Requests” report, Apple reveals which governments requested the most user data …
Apple debuts short film shot on iPhone 11 Pro for Chinese New Year
The film is about three generations of Chinese women coming together at Chinese New Year. Shot on iPhone 11 Pro…
Data points to Apple growing again in China
Several data points suggest sales trends are improving for Apple in the company’s most important international market…
Apple stock extends record run as iPhone sales surge in China
Apple is set to hit a new all-time record high Friday, taking its market value past $1.4 trillion, as data shows surging iPhone sales in China…
Apple needs to double down on security and privacy
Buckle up, because we’re poised for another battle on digital security. The FBI has reputedly asked for Apple’s help unlocking phones belonging of the alleged shooter…
Much at stake Saturday in Taiwan’s presidential, parliamentary elections
Aside from its key role in the global supply chain as a high-tech manufacturer, mostly notably as an Apple Inc supplier, Taiwan is in a strategic location…
