Apple Reopening Factories in China As the Country Gets Coronavirus ‘under Control’

Posted on February 28, 2020 by Mehedi Hassan in Apple, iOS with 9 Comments

Coronavirus has affected the world quite a lot over the last few weeks. The tech industry has been hit due to concerns over coronavirus, with companies like Apple forced to close factories in some parts of the world.

That has obviously affected the supply chain, forcing Apple to revise its revenue guidance, as it’s expecting coronavirus to constrain worldwide iPhone supply. In a new interview with Fox Business (via The Verge), however, Apple CEO Tim Cook shared some reassuring news for Apple investors.

Cook said in the interview that the company is slowly reopening factories in China. “It feels to me that China is getting the coronavirus under control. I mean you look at the numbers, they’re coming down day by day by day. And so I’m very optimistic there,” Cook stated.

“When you look at the parts that are done in China, we have reopened factories, so the factories were able to work through the conditions to reopen. They’re reopening. They’re also en-ramp, and so I think of this as sort of the third phase of getting back to normal. And we’re in phase three of the ramp mode,” Cook later added.

All of this is obviously quite promising as the number of new cases of coronavirus in China is slowing down, but there still have been a total of 83,719 cases worldwide, causing 2,858 deaths. The number of cases worldwide is still increasing, and the virus is slowly spreading to more parts of the world, so it will affect the global economy one way or the other.

Apple isn’t the only company affected by coronavirus, as a number of companies have recently been forced to pull out of major tech conferences due to concerns over coronavirus. And like Apple, Microsoft has also reviewed its revenue guidance due to the virus affecting the supply chain for its More Personal Computing business.

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Comments (9)

9 responses to “Apple Reopening Factories in China As the Country Gets Coronavirus ‘under Control’”

  1. ghostrider

    Tim Apple is being very optimistic there. It's way too early to call, as the virus is only now starting to increase in other countries. The shareholders Apple need to appease will just have to be patient.

    • Stooks

      In reply to ghostrider:

      The media in general have so hyped this thing it is crazy. I guess they were tired of talking about Trump, Russiagate and Impeachment? Then again they are starting to blame the virus on Trump so maybe not.

      This year flu will be 10x...100x.....1000x more impacting to the world than this above average cold. The numbers are so suspect and none of them are even close to being real.

      They hype does not even come close to the very suspect data. Example how come we do not hear about how many have had it and are now fine? Occasionally someone will publish that number but all we hear about is new cases and deaths. Huge chunks of data are missing many hundreds/thousands have had it, just lived through it like it was a cold and are now better and NEVER reported it? That fact right there would drive the death rate way, way down probably below flu deaths.

      Any business pulling out of these conferences is smart. It looks good (right thing to do) it probably saves on people calling in sick (real and not) and saves a ton of money.

    • lvthunder

      In reply to ghostrider:

      Right but Apple can still sell products if say Italy shuts down. It can't sell anything if China shuts down. That's all he's saying.

  2. t-b.c

    I'm skeptical of any information coming from the Chinese government but, in this case, hope it is accurate. I fear, however, that getting people back to work this soon will result in another spike of coronavirus infections. Switching topics a bit, I seem to recall during the Obama years that Apple was building a facility in Texas that was going to become their new center for manufacturing. Does anyone else remember that? What happened to them moving the operation back the USA? Whatever the reason, I bet they are wishing they had moved forward with that plan now.

  3. John Craig

    Under control?? Screw that.

    My modest little share portfolio has gone from healthy green to blood bath red in 4 days. Anyone with shares, stocks or a pension plan is sharing in a $5trillion hit right now. There's literally nothing under control about it.

    And....conspiracy hat on....I'm pretty sure corona virus is a teeny illness blown massively out of proportion by the trump administration to continue to punish the crap out of China for daring to be successful. Wouldn't be surprised if this little bug wasn't made in a lab under the NSA headquarters.

    And, for the record, I did not commit suicide.

    • terry jones

      In reply to John_Craig:
      "corona virus is a teeny illness blown massively out of proportion by the trump administration to continue to punish the crap out of China for daring to be successful"
      First time I've heard that. The right wingers are actually pushing the theory that the cries of a pandemic are a conspiracy of the left and the news media (but I repeat myself) to try and crash the economy to thwart Trump's re-election.
      Both of those theories are just nonsense, but it does give people something to scream about.

    • nbplopes

      In reply to John_Craig:

      So the foundation for your truth it's about how well your share portfolio goes?


      PS: Given that I understand your frustration in keeping a clear mind.

      The hopes of the Internet was to deliver more and better information to people, to help them make better decisions. Unfortunately the thing was left to be controlled by advertisers/propaganda in exchange for "free" apps and "free" access to information. It's all about what kind of info brings the most audience regardless of its foundations in reality. Adjectives, adjectives plus adjectives. Very little of the boring objectiveness.

    • lvthunder

      In reply to John_Craig:

      The stock market is still higher today then it was when President Trump took office. So just calm down. It will go back up once the market gets its certainty back.

      Second your conspiracy hat is on backwards. This is the worst thing for President Trump. The best thing he has going for him is the economy. If that tanks he's finished. Trump has plenty of ways to hurt China without resorting to make a bunch of people sick and die.