Apple Computer
Apple Changes Its Message.
Late Monday evening, Apple posted an update on their Investor Relations Page. It was the President's Day Holiday, and obviously Apple was anxious to down-play this news. The news was that Apple would have to reduce their Quarterly Guidance. Two factors were reducing Apple sales: the first was slow down in Apple iPhone production due to the Covid-19 Virus affecting China. And the second, related news was that Apple Stores throughout China were closed also due to the pandemic.
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Coronavirus Impact? Look To Second Order Reactions.
It's the governments and authorities which will control the full impact of the Coronavirus.
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