3 days ago by wsj.com
Foxconn Technology, Apple’s main iPhone assembler, said it expects the number of workers at its plants in mainland China to return to full seasonal level by the end of March if the coronavirus epidemic doesn’t worsen. read more...
Cook also discussed how Apple's supply chains are coping in the wake of the coronavirus.
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CNBC's Jim Cramer said Friday cautioned retail investors against going all in on Apple's coronavirus-driven pullback.
Wall Street's worst week since the 2008 financial crisis didn't let up on Friday, with fears over coronavirus rocking a number of entertainment and tech giants, including Disney and Apple, and spooking investors in the process. The pain was felt across the board, with the three major indexes — the S&P 500, Dow and Nasdaq — all dropping at least 12% this week. On Friday, the S&P dipped 0.8% and the Dow fell 1.4%, while the Nasdaq made a late...
The global tech industry is being rattled by the virus.
Apple is currently checking on its suppliers in South Korea and Italy to see if it'll have to react to the outbreaks in these countries.
Quarantines, tariffs and slumping sales have caused agitation about the company’s strategy of assembling most of its products in China. In recent weeks, factory production has been crippled and Apple warned investors it won’t meet its own sales estimates.
The game is attracting a new generation of players as coronavirus continues to spread worldwide.
The global tech industry is being rattled by the virus.
Foxconn Technology, Apple’s main iPhone assembler, said it expects the number of workers at its plants in mainland China to return to full seasonal level by the end of March if the coronavirus epidemic doesn’t worsen.
Qorvo, which makes radio chips for Apple's iPhones, lowered its fourth-quarter revenue expectations to $770 million, or $50 million below the midpoint.
Steve Wozniak caused on a stir on Twitter by seemingly hinting that he and his wife Janet may have collective been patient zero for the coronavirus in the United States.
With conferences canceled, factory schedules disrupted and workers urged to work from home, COVID-19 has quickly left its mark on an industry that typically runs like clockwork. Here's how.
A top analyst predicts that Apple will launch several new products using the Mini LED screen technology starting later this year with six products hitting the market before the end of 2021.
Is the co-founder of Apple patient zero for coronavirus in the U.S.? Steve Wozniak told Inside Edition that he and his wife were both sick after returning from Hong Kong in January, where he came into contact with a tourist from Wuhan, the epicenter of the crisis. He said he is now recovering, but said he knows “that if we returned from Hong Kong today with the symptoms we had, we’d be candidates for testing and quarantine immediately."
The country’s biggest banks are asking federal officials for long-sought regulatory relief as part of the government’s efforts to contain the economic...
BENGALURU/NEW DELHI (Reuters) - India, the world's main supplier of generic drugs, has restricted the export of 26 pharmaceutical ingredients and the medicines made from them, including Paracetamol, a common pain reliever also sold as acetaminophen, as the coronavirus outbreak plays havoc with supply
Apple is no longer allowing its employees to travel to Italy or South Korea because of the coronavirus outbreak affecting those countries, reports...