Analysts See Short-term Hit From Apple Coronavirus Warning
A week of corporate coronavirus warnings starts to quantify the economic ... as a black swan event that will present near-term challenges to the ... but we see this as a temporary issue for Apple," Goldman Sachs said in a note. ... to hit its 2020 targets and that the situation will normalize in the short term.. Huawei is downplaying coronavirus impact on its smartphone sales, but ... Analysts are deeply skeptical and say Huawei will be worse affected ... with Apple warning that it expected a hit to revenues thanks to factory ... our assessment is that in the short term future there will not be much ... NOW WATCH:.. A Wall Street analyst on Friday cut his price target on Apple stock, citing "considerable ... It warned that the coronavirus epidemic would hit its bottom line in the first ... "However, these constraints seem likely to be short term in nature. ... Best Growth Stocks To Buy And Watch: See Updates To IBD Stock Lists.. Apple Inc.'s shares fell 4.1% in pre-market trading after the company said the fallout from ... off a June low, and Apple remains less than 4% below a record hit just last week. ... While the coronavirus outbreak is dampening demand in China near-term, along with production, the firm still sees strong global.... For the most part, analysts believe that the problem is a temporary one, with few industry observers cutting back on long-term Apple stock price.... The announcements by businesses like Mastercard, Microsoft, Apple and United ... In the midst of the sell-off, analysts at Goldman Sachs said they expected ... it can have a productive conversation focused on its long-term strategy. ... In a sign that investors believe the coronavirus concerns could hit banks.... Apple shares fell on Tuesday, after after the company released a warning that the coronavirus outbreak would cause it to miss its guidance.... A string of US companies has been cautioning investors that first quarter sales could take a hit from the spread of coronavirus. Apple (AAPL) just.... Apple's coronavirus sales warning hits global stocks ... But that could mean that they are now pricing in an overly rosy view of the prospects ... due to the coronavirus epidemic and that factories run by its suppliers in China were ... ripple.... AAPL | Complete Apple Inc. stock news by MarketWatch. View real-time stock prices and stock quotes for a full financial overview.. Apple shares fell on Tuesday, after the company said the coronavirus outbreak would cause it to miss its guidance range this quarter. The warning was. In Italy, cases and deaths shot up over the last week, its tolls second only to ... As the coronavirus hits demand for fuel, Saudi Arabia slashed its ... in the short term to save it from the ravages of the virus in the long term. ... ships, warning that cruises presented a higher risk of a coronavirus ... Political analysis:.. Apple Inc. shares fell on Tuesday, after the company said the fallout from the coronavirus would cause it to miss its sales targets this quarter. ... Apple Drops After Warning But Analysts See Short-Term Hit. By. Kit Rees.. Apple Inc. shares fell on Tuesday, after the company said the fallout from the coronavirus would cause it to miss its sales targets this quarter. The
The lab instruments maker anticipates a $25 million to $50 million hit ... Read also: Apple's coronavirus warning wasn't a total surprise, but magnitude rattles Wall Street ... Therefore, we view this as a relatively short-term disruption that ... China, CEO Jean-Paul Agon told investors at an analyst conference.. Analysts said there will be continued near-term impact from the virus but believe ... 29, a day after its earnings, Apple shares hit an intra-day high of $327.85, ... Overall, we see the coronavirus impact on AAPL as a dynamic that ... a slower return to normal conditions than we had anticipated, Apple warned.. Analysts see little danger of lingering effects on Apple's business from the ... run, he isn't too worried about the short-term impact on financial results. ... a 7.5% hit to non-China iPhone sales, and a 30% increase in China App.... Stocks fall after Apple's coronavirus warning, analyst says 'worst is yet to come' for markets ... a 20-hour period , the local health authority said, according to a CNBC ... The Oreo-maker expects to see some impact on its revenue and ... said on an analysts call, describing the decline as a short-term blip.. Dow plunges 1190 points as analysts say virus could inflict as much damage as 2008 crisis. ... as analysts warned the outbreak could wreak economic havoc on a ... losing 4.4%, as fears of a global pandemic hit investor confidence. ... is possibly the worst thing I've ever seen in my career, a time-span.... It's a long-term cloud player that shouldn't be dismissed, say analysts. ... Apple recently issued a warning over the virus. ... See more videos...
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