USA, California and Apple Flags
With producers and buyers unemployed, some sectors, faced with the dilemma of staying hand in hand or adapting -while the crisis lasts, of course- have decided to dedicate their means of production and distribution to facilitating the task of he alth services , in the case of Apple with the manufacture of a million masks every week. They have also obtained up to twenty million masks for the same purpose, as announced by the CEO of the company, Tim Cook.
Masks will be distributed throughout the US for the time being and in the rest of the world as soon as possible.The matter is already underway, since in the words of Cook, "The first consignment was delivered to the Santa Clara hospital last week" always in coordination with the he alth authorities, which are the ones that ultimately must decide where they are most needed. PPE.
News are inevitably delayed
With international trade stopped, the release of news will have to wait for now. The expected low-cost iPhone model without going any further -unofficially called iPhone 9- and which according to certain estimates could cost more or less half that of an iPhone 11, taking the prices of iPhone SE or iPhone 8 as a precedent, was expected for March , and in the absence of seeing what measures the authorities will take for the gradual return to normality, it has been delayed sine die.
Apple shares are holding (more or less)
Although if the current situation has taught us anything, it is that there is no sector immune to a major global crisis -just ask the hydrocarbons industry, whoever has an interest in the oil industry is finding that the price of oil is one of the lowest in the last fifteen years, but the producers are struggling with many difficulties, as production prices are sometimes below sales prices, or the airlines, which have already seen how For some of its companies, COVID-19 has been the last straw on an almost full glass.The truth is that the Californian company is holding up quite easily and since March 23 it has been experiencing not inconsiderable increases, going from around $224 to $259 at the beginning of April.
As we said, on April 7, Apple's share was worth $259, but taking into account that during the first quarter of 2020 Apple marked its all-time highs – around $327 a share – and that Apple already suffered a drop Similar to the end of 2018, the prospects for the Cupertino company do not seem bad for when normality returns to the whole world. At the moment one of its main markets, China, is already beginning to recover normality, among many quotes.
Apple online events replacing in-person events?
Are massive face-to-face events going to be held again in the short or medium space of time? Even when the bulk of the pandemic passes, it will be difficult to see events that gather large numbers of people again, and this includes everything from sporting events to technology fairs, which opens the door for the general use of the Internet as a means of gathering a large audience distributed all over the world.Examples are not lacking, such as webinars -online seminars on the most diverse topics, from how to face the current moment in which we are immersed to business conferences- or the last E3 conference, which thanks to certain streaming platforms, such as Twitch or YouTube, reached millions of users around the world, regardless of time or geographic location.
As we see this was already happening, but it is to be expected that given the logical apprehension that will exist for a while to gather crowds this will become general in the future, for now Apple has already announced that its WWDC 2020 -world developers conference - It will be carried out entirely online, in the same way that many sectors will probably take advantage of what they have learned during the pandemic to extend the teleworking model, having had to carry out a mandatory massive pilot test.