Quite an impressive display of panic in the stock market this week has afforded Apple a golden opportunity to execute billions of dollars in buybacks …
Tag: coronavirus
President Trump may invoke emergency powers to combat coronavirus
President Donald Trump’s administration is considering invoking special powers according to two U.S. officials who requested anonymity…
Fed seen cutting rates amid virus threat, low inflation
Traders are betting that the U.S. Federal Reserve may move aggressively to cut rates due the effects of the COVID-19 coronavirus outbreak…
Coronavirus pandemic fears fuel Wall St. correction
For the sixth straight session, Wall St.’s main indexes plummeted on Thursday, with the S&P 500 confirming its fastest correction in history…
Apple pulls pandemic simulation game Plague Inc. from App Store in China
Ndemic Creations, maker of the pandemic simulation game Plague Inc., says the game has been pulled from Apple’s App Store in China because Chinese…
Apple CEO Cook optimistic China is getting the coronavirus under control
In an interview with Susan Li for FOX Business, Apple CEO Tim Cook say he sees China is getting the coronavirus under control and how Apple is…
Has Apple CEO Tim Cook made Apple too dependent on China?
Apple today seeing the biggest losses on the Dow. This has led some observers to ask if Apple CEO Tim Cook has made Apple too dependent on China…
Thanks to the U.S.-China trade war, companies like Apple are better prepared for coronavirus
Despite the outbreak of the COVID-19 coronavirus, some U.S. companies find themselves better offn than they otherwise might have been due to the U.S.-China trade war…
Apple’s timeline for next-gen iPhones clouded by coronavirus
Just at the time when Apple engineers usually jet off to Asia to perfect the production of this fall’s next-gen iPhones, former employees and supply chain experts…
Apple warns of coronavirus risk ahead of shareholders meeting tomorrow
Apple is scheduled to hold the company’s annual shareholder meeting tomorrow, February 26th, at Steve Jobs Theater, in Cupertino, California…
Apple’s China iPhone sales up 5% YOY in January despite coronavirus
According to UBS Research’s analysis of Chinese government data on Monday, Apple’s iPhone sales in China actually climbed 5% vs. January 2019…
China manufacturing reboots after coronavirus shutdown
Main manufacturing hubs in China’s east and south are seeing hundreds of thousands of migrant workers return to work as many parts of the country ease…
Apple reopens more than half of retail stores in China
Apple has reopened more than half of its retail stores in China after closing all outlets due to the COVID-19 coronavirus outbreak…
Analyst: Apple supply chain issues to last at least a month
Heavily reliant on China, Apple’s supply chain will likely at least a month to get back to full capacity due to disruptions caused by the coronavirus…
Apple iPad demand in China gains momentum from coronavirus outbreak
iPad demand in China gaining momentum due to the coronavirus outbreak as it fuels the need for remote work and learning, but the tablet supply chain…
Apple adjusts due to coronavirus to keep next-gen iPhones on track
Apple is course correcting for the coronavirus in order to keep next-gen iPhones and other products on track. Apple is showing no signs of changing…
S&P 500, Nasdaq hit new all-time highs
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…
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…
