Coronavirus continues to cause violence the market for major technology companies, including Apple. The company has even sent out a notice to all its investors and shareholders, warning of the potential financial impact that the virus could have on the globe. Ideally tomorrow is when the company's annual shareholder meeting is held, and COVID-19 will surely be the highlight of the day.
However, and while it may seem controversial, coronavirus can also provide good news (little talk, of course). Obviously this is causing momentum in iPad sales In China, the country most affected is the virus, because companies and schools use it to keep their employees or students working and studying at home.
IPad as a complete ally for teleworking and distance education
Usually, iPad sales rarely go well during the first quarter of the year. The Apple Tablet is the best-selling Christmas gift, so anyone who wanted it still has one. But a source notes that at Chinese stores iPad models are running out. Even some retailers are raising the price of the terminal using high profits, even if that is the official move made since Cupertino.
Combining this with the fact that not many units can be manufactured (or the production rate is too slow and cannot meet that need), it sounds like iPad stocks in China they will gradually disappear. It could be Apple's best event in empty stores and redistribute its shares.
However, and apart from this rise in sales, the metals are shrinking revenue growth. Not only for Apple, but also for other manufacturers. The speed of infection and mortality is slowing, so hopefully this warning will improve and decrease as the days go by.