The S&P 500 and the Nasdaq hit all-time highs on Wednesday on confidence in the U.S. economy and hopes that China would take more measures…
Tag: coronavirus
10 more Apple Retail Stores reopen in China
At the beginning of February, Apple closed its entire chain of retail stores in China. Now, it’s reopening 10 more Apple Retail Stores reopen in China…
Stocks rise on China stimulus hopes, signs of slowing virus spread
Stocks rose after China unveiled several fiscal and monetary stimulus measures in an attempt to limit the damage from coronavirus-fueled business shutdowns…
Apple’s low-cost ‘iPhone SE 2’ production delayed due to virus outbreak
Apple will likely miss its schedule for mass production of a rumored low-cost iPhone, while inventories of existing models could remain low until April…
China coronavirus shows how much Apple still depends on iPhone
Apple’s earnings warning due to the China coronavirus affecting iPhone production is an unfortunate reminder that, for all of its work to change…
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…
2,000 Apple iPhones given to passengers quarantined aboard cruise ship
Thousands of passengers quarantined inside their cabins for two weeks aboard the Diamond Princess off the coast of Japan are getting Apple iPhones …
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…
Apple Stores in China won’t reopen as planned due to coronavirus
Apple employees have been notified by the company that Apple Stores in China won’t reopen as planned due to the coronavirus outbreak…
Foxconn warns staff to keep away from Shenzhen facility due to coronavirus
Hon Hai Precision Industry Co., parent company of Apple assembler Foxconn, warned staff at its Shenzhen facility not to return to work…
China coronavirus death toll jumps to 563
The death toll from the 2019-nCoV coronavirus in mainland China jumped by 73 to 563 on Thursday, its third consecutive record daily rise…
Foxconn sees full China production resuming late-February
Taiwan’s Foxconn aims to steadily ramp up operations at factories in China next week, but it could take between one to two weeks after that…
Foxconn to resume iPhone assembly on Feb. 10, quarantine workers
Foxconn plans a quarantine of up to two weeks for any employee that returns to work as a precautionary measure to curb the spread of 2019-nCoV coronavirus…
‘Fairly small impact’ on Foxconn iPhone output from virus outbreak so far
So far Foxconn has experienced a ‘fairly small impact’ from the virus outbreak as it shifted production to other countries…
