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Apple's coronavirus problem

Posted On: Feb 15, 2020   |   Posted By: Fortune

Coronavirus is an increasingly dark cloud over Apple.
TF International Securities analyst Ming-Chi Kuo said this week that Apple may have iPhone production problems in China. Apple's main iPhone 11 production facility in Zhengzhou was supposed to reopen this week, but it was delayed at least a week over continued coronavirus fears.
Meanwhile, Apple said this week that it would only reopen five of its stores in China. Around 35 other stores across the country are still closed, with no word on when they'll reopen.
Also this week, the Federal Trade Commission said it wants to review acquisitions that several tech giants, including Apple, have made in recent years. And in a worrisome report, security firm Malwarebytes said malware threats are increasingly targeting Mac users.
Coronavirus impact
Coronavirus, which has infected tens of thousands of people globally, is affecting iPhone production in a big way , TF International Securities analyst Ming-Chi Kuo said this week. He told investors that Apple...

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