Coronavirus affecting Apple supply
Apple CEO Tim Cook tended to the during a call Tuesday with experts, saying the organization restricted representative travel to business basicregions in China and is checking the circumstances intently. Tim Cook said "Apple includes a few providers" within the Wuhan territory, the sickness put concentration that's under control, however, the organization has elected alternatives that are based on different cases of the virus. In any case, Apple anticipates that some disturbance should its stock in of the infection, the impacts of which are felt the state over. Industrial facilities that make Apple items and parts were set to revive toward the month's end, following the Lunar year festivities, yet that date has been deferred until Feb. 10, Cook said on the decision. Apple is likewise observing a disruption in retail deals in China owing to the infection, Cook said. While Wuhan just contributes a touch a part of offers to Apple's general Chinese business, and Apple has shut only store, various stores outside Wuhan that sell Apple items have likewise shut. substantial lot of the stores that haven't shut have diminished their working hours. Apple has started profound cleaning stores and leading temperature of he stated, which is one method for deciding if somebody may have gotten the infection. In the midst of the vulnerability, the organization gave financial specialists a more extensive territory for income direction next quarter, fully expecting a possible interruption in its China deals
Questions:
- what else do you think the virus could have an impact on?
- what additional things do you propose apple should do to solve this problem?
- do you think they should relocate stores near the places with the highest percentage of virus exposure?
I think that the virus has the most effect on the people worldwide because it is a virus that is contagious and can affect people who are in close quarters with someone who has the virus. According to New York times, https://www.nytimes.com/2020/01/30/world/asia/coronavirus-china.html 170 people have already died and there have been more than 7,000 cases of the virus. Not only is the virus easily spread, it is also very deadly, it is said to be more deadly than the SARS virus that spread in 2003. I think that they should relocate stores near the stores near the places with the highest percentage of virus exposure because like Apple all the business for the stores would dwindle because there is a high chance that people with the virus can enter the store and many people would stop themselves from going to areas where there are high chances of catching the virus.
ReplyDeleteI think the corona virus has the potential to have an impact of the whole world. It can dramatically affect all businesses and potentially daily life. I don't know what apple could do in this case exect for just waiting it out. If the corona virus goes global, it won't just be apple that feels the effect, it will be every business and I don't think that apple could do anything to stop that. I don't think relocating stores would be worth it for apple. A few stores is nothing compared to have large apple is. However, even if they move stores, the virus would just catch up to them eventually. If the virus somehow doesn't catch up to them, then moving stores would be worth it because th virus would be gone soon.
ReplyDeleteI think that the coronavirus could impact the whole world. This outbreak has already killed numerous people and will most likely kill more. It has the potential to go worldwide. There has already been three reported cases in California, one specifically in Orange County. I propose that Apple should try to protect its workers, as it has already begun to do. At a time like this, the highest priority is not money, but human life. The only thing they can do is sit and wait. I think they should close all stores near infected areas. They could just open new ones elsewhere. Even so, a few stores is pretty insignificant to a company as large as Apple.
ReplyDeleteI think the corona virus can also have an impact on the view of Asian people through out the world. Discrimination based on Asian people who could possibly have "corona virus" is not unforeseeable. I've heard so many people say "Stay way from Asians, they might have Corona virus" as a joke when in reality it is prejudice and the beginnings of racial discrimination. I also think that the virus affecting apples stocks and sales is a small problem compared to the bigger picture. The corona virus has spread and with no doubt continue to spread and kill even more. In this article http://www.coronavirusupdate.com/coronavirus-latest-updates/ , it confirms over 7700 that have contacted the virus and proves its rapid spread. I suggest that apple moves its store locations away from the outbreak as people are trying to get as far away from the source. No one wants to be where the virus broke out so no one would go to the apple store where there is a high chance of being infected.
ReplyDeletePersonally, I don't think stores will need to be relocated. They should be closed in areas with the highest percentage of the virus in order to prevent the spread of the virus. Being just a few feet away from someone with the virus can be enough exposure to spread it. With Apple's sky high annual profit, the closing of some of their stores would barely affect their income. The company is already making billions of dollars in profit a year, so a relocation of these stores is unnecessary.
ReplyDeleteStores near areas with high percentages of virus exposure should be closed. This is a public health issue, and keeping these stores open jeopardizes the health of Apple workers. Even if this brings in revenue, Apple employees may become infected and possibly die, bringing an abundance of bad press to Apple. Apple needs to weigh both sides of this situation before taking action.
ReplyDeleteThe Coronavirus has immense destructive potential, beyond just Apple Supply. The American economy has already taken a toll, the Dow Jones Industrial Average having dropped more than 450 points, while investors in Japan are dealing with the worst stock market drop, and European markets are being impacted, too. The Chinese economy is suffering, as tourism, hospitality, and consumerism decreases, as well as their ability to be able to do big U.S. good purchases that they promised in a recent trade deal. Oil prices are already plummeting, being at their lowest price since October; airlines and resort companies have also found their stocks falling due to less anticipated travel in and out of China. It is estimated that the Coronavirus could cost the global economy more than $50-100 billion in total. However, the Coronavirus leaves open opportunity. It could lead to more cooperation from the Chinese government, as they must reach out to other countries for aid. On top of that, Wall Street is benefiting with the opening of a company that is already working on creating a vaccine for the Coronavirus, as well as the creation of protective masks. On the other hand, the Coronavirus is generating a lot of widespread false information, which perpetuates citizens’ fears; for instance, Russian television has pinned the Coronavirus as being a new bioweapon created the U.S. government.
ReplyDeleteI think the coronavirus is having a huge impact on travel even if you are not flying to or from anywhere in Asia. Catching any sort of sickness on a plane is more likely than catching it in everyday life and now that there is a deadly virus going around, people will be much more weary of travel. A decrease in travel can also lead to backups in everyday jobs considering there are many jobs that depend on traveling like corporations and businesses.
ReplyDeleteI think that the virus has already had huge impacts on many businesses already, and will continue to impact more. I think it's great that the Apple stores near the affected areas are focusing on cleaning and checking whether employees might be infected because one of the most important things China should be focusing on right now is containing the virus. I think it makes sense to relocate the stores because currently people are focusing on staying indoors and avoiding contact with crowds and the public, so they wouldn't be out shopping for Apple products anyways. Apple could also just temporarily close their stores near affected areas and wait for the virus to be contained and eradicated completely.
ReplyDeleteAlthough I think that the coronavirus could possibly have a major impact and cause some form of mass panic, it really shouldn't. In reality, the Corona virus is being horribly taken out of context and is not nearly as dangerous as many are portraying it. Out of the 12,000 cases of coronavirus so far, only around 250 people have actually died so far. This is a death rate of approximately 2-3%. While this may still seem bad, it should be taken into consideration that the SARS virus in 2003 had an estimated death rate of around 14-15%. The flu also kills 12,000 to 61,000 people per year. Additionally, the coronavirus primarily seems to be affecting and causing fatalities in seniors, so younger people really shouldn't be too personally concerned. On top of all of this, since the Chinese government has been hiding the coronavirus and trying to mask how widespread it is, the severity of it could be incredibly inaccurate - if only the deaths are being reported and not all the cases are, the coronavirus will seem a lot deadlier than it really is. In conclusion, the coronavirus should not be taken out of context. Death and disease is obviously horrible, but it is a constant and regular part of life. The coronavirus should in no way be used to display racism or xenophobia against Asians. It is important to remember that an entire race is not responsible for a disease. Many "jokes" centered around "banning" Asians from the country, blaming them for the disease, and perpetuating harmful stereotypes about their "eating habits" would not be nearly as tolerated if they were made about any other minority.
ReplyDeleteIt is clear to me that China's economy will be mildly effected by the coronavirus. This is made evident not only by the lack of travel into the country, but the inability of a large chunk of their population to work. Chinese tourism is a multi billion dollar industry and restrictions on travel will surely inhibit this industry's success. In addition, while the Chinese workforce won't be greatly effected by the 25,000 people affected by the virus, entire cities have been forced to shutdown greatly reducing the nation's productivity. I believe that the best way for Apple to deal with the virus is to temporarily shutdown stores in the region. It is unlikely that Apple stores in Wuhan will be seeing much traffic and it seems counterintuitive to keep an empty store running. As for the final question, I believe that to be unnecessary. Dependent upon the potential extent of the outbreak it may become inevitable that Apple be forced to move their stores; however, Wuhan is a huge market and a challenge to replace. In addition, giving up all influence in Wuhan leaves an opening for the likes of Huawei and Oppo to form a monopoly over the city's vast phone market.
ReplyDeletequestion 1 : the virus actually impacts the whole world even though it is mostly only in china because of how connected china is to everyone else. China plays a big part and supplies many things for multiple countries across the world, so since they are having to deal with the virus it impacts everyone else.
ReplyDeleteThe coronavirus certainly has the potential to grow into a worldwide pandemic if not stopped as soon as possible. As of the latest update, hundreds of people have already died to the virus (almost all in China), and thousands of flights have been canceled. The virus threatens to severely undermine the global tourism economy, as well as the economy of China in general. The race to develop a cure is on, and now we just have to wait and see if our doctors are quick and smart enough to succeed.
ReplyDelete