The effects of the coronavirus have had a huge impact on the production of technology and industrial companies in China, to the extent that they have made the decision to cancel the Mobile World Congress, one of the world's most important technical flaws. And before the new the threat of an epidemic, it looks like the picture is vague.
Now and as expected, the economic consequences generated by the uncertainty before the temporary closure of the factory and the limited opening of stores have begun to manifest in value. So, and according to a Buster Insider report, Apple is one of five tech giants that have lost value in the stock market, as fears are rising that a coronavirus outbreak will spread to other countries as soon as possible.
The risk of an epidemic continues to impact on the technology sector
On Monday, Apple lost 4.75% of its value in the stock market. Thus, the world's most valuable public company, saw more than $ 60 billion removed from its $ 1.4 trillion market.
So far, analysts and investors reckon that the financial impact on Apple was temporary, because lost sales this season are recoverable as soon as the coronavirus outbreak is stopped, however soon after. World Health Organization (WHO) I warn that the spread is close to the point where no epidemic can be reported, fears have mounted.
On the other hand, the other four companies quintet in technology the powerful one blocked the same effect as Apple. Microsoft also moved about $ 60 billion, while market capitalization Amazon and Alphabet reduced more than $ 40 billion. For its part, Facebook, the group's least valuable member, has raised more than $ 25 billion.
Despite the efforts of Apple and the companies it relies on for its production, it is now an opportunity to control or control the virus, which already exists has touched 2,700 lives, which will determine your return to normal.
