Tim Cook optimistic that coronavirus is getting under control in China

Posted:
in iPhone edited February 2020
In an excerpt from an interview that will Air on Friday, Apple CEO Tim Cook says that he is hopeful that coronavirus is starting to get under control in China, and factories are coming back online.

Tim Cook being interviewed by FOX Business Network's Susan Li
Tim Cook being interviewed by FOX Business Network's Susan Li


In an interview that was made just after Cook's appearance in Birmingham, Alabama to launch the Ed Farm civil rights and coding education initiatives, Fox Business Network's Susan Li asked about the business impact of coronavirus.

"It feels to me that China is getting the Coronavirus under control. You look at the numbers coming down day by day by day so I'm very optimistic there -- on the suppliers side, we have suppliers - you know, iPhone is built everywhere in the world, we have key components coming from United States we have parts coming from China, so on and so forth," Cook said in an excerpt of the full interview. "When you look at the parts that are done in China, we have reopened factories so the factories are working through the conditions to open, they're reopening. They're also in ramp. So I sort of I think of this as the third phase in getting back to normal, and we're in phase three of the ramp mode."

During the interview expected to air on February 28, Cook will discuss the Ed Farm initiative. Other topics include further discussion of the coronavirus, the virus' global economic impact, and Apple's sales expectation revision that it issued on February 18.

Because of demand impacts in China and a slower than expected manufacturing ramp-up, Apple supplied a wide-swinging guidance for the second fiscal quarter earnings. Apple was previously predicting between $63 billion to $67 billion in the quarter, with the wider than normal range to account uncertainty around the outbreak, but declined to offer a new forecast range.

Apple has reopened about half of its retail stores in China for limited hours, but is restricting the number of customers that can enter the store. Apple assembler Foxconn is paying workers extra to return to plants -- and it isn't clear what capacity the factories can deliver at this time.
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Comments

  • Reply 1 of 47
    hodarhodar Posts: 359member
    "It feels to me that China is getting the Coronavirus under control. You look at the numbers coming down day by day by day so I'm very optimistic there  ..."

    Seriously, Tim?  World Health Organization doesn't feel so optimistic; especially with people who "recovered", becoming re-infected with it within weeks of recovery.


    elijahg
  • Reply 2 of 47
    eightzeroeightzero Posts: 3,097member
    Yes, thoughts and prayers going out to those profits that are most at risk during this difficult time.
    jcs2305GeorgeBMacavon b7spice-boyhammeroftruth
  • Reply 3 of 47
    Why no interviews with anybody who has had the virus?
  • Reply 4 of 47
    mknelsonmknelson Posts: 1,129member
    eleaders said:
    Why no interviews with anybody who has had the virus?
    Probably because they are mostly in isolation?

    The CBC has aired interviews with a fellow in quarantine in Japan off the cruise ship. Somehow his wife wasn't infected and is already in Canada. He should be released this weekend - just waiting for final clearance that his tests are negative.
  • Reply 5 of 47
    mknelsonmknelson Posts: 1,129member
    hodar said:
    "It feels to me that China is getting the Coronavirus under control. You look at the numbers coming down day by day by day so I'm very optimistic there  ..."

    Seriously, Tim?  World Health Organization doesn't feel so optimistic; especially with people who "recovered", becoming re-infected with it within weeks of recovery.


    Re-infections (or possibly remission and reappearance) has only been reported in a small number of cases.

    https://news.sky.com/story/coronavirus-japan-confirms-first-case-of-person-being-reinfected-with-covid-19-11944295
    bshank
  • Reply 6 of 47
    apple ][apple ][ Posts: 9,233member
    eleaders said:
    Why no interviews with anybody who has had the virus?
    What does it matter what they have to say?

    Their perspective is tainted.
  • Reply 7 of 47
    elijahgelijahg Posts: 2,789member
    "You look at the numbers coming down day by day by day so I'm very optimistic there" yeah, and who's to say the Chinese government isn't lying as it does with most other things?
    meterestnzcat52spice-boy
  • Reply 8 of 47
    apple ][apple ][ Posts: 9,233member
    eightzero said:
    Yes, thoughts and prayers going out to those profits that are most at risk during this difficult time.
    Tim Cook is the CEO of Apple, he's there to talk about his business and his job.

    Tim Cook is not a doctor or a charity worker, luckily.
  • Reply 9 of 47
    Conglomerates aren't relying on Government records for stats. When your business employs over 500k workers in China you get great data to make projections and then compare those to the rest of said country.

    WHO is focused on the globe knowing that China is well under way in recovery. They're focused on what if the airborn vectors spread to other regions and how humans build up antibodies and spread will be different based on a variety of differences between China and the rest of the globe.
    SolibshankGeorgeBMaclollivermuthuk_vanalingam
  • Reply 10 of 47
    bluefire1bluefire1 Posts: 1,304member
    The Chinese ophthalmologist Dr. Li Wenliang tried to send a message to fellow medics about the outbreak at the end of December. Three days later police paid him a visit and told him to stop. Had this been handled appropriately, this outbreak might have been contained and never become a global health concern.
    elijahgcat52
  • Reply 11 of 47
    SoliSoli Posts: 10,038member
    Conglomerates aren't relying on Government records for stats. When your business employs over 500k workers in China you get great data to make projections and then compare those to the rest of said country.

    WHO is focused on the globe knowing that China is well under way in recovery. They're focused on what if the airborn vectors spread to other regions and how humans build up antibodies and spread will be different based on a variety of differences between China and the rest of the globe.
    ↑ Only one rational comment that didn't resort to bigotry and fear mongering.
    fastasleepbshankGeorgeBMaclolliverdesignrmuthuk_vanalingam
  • Reply 12 of 47
    Well, now I guess we know where Rump got his info from. Cook and Rump, neither with medical experience, are claiming the corner has turned despite counter-evidence from the CDC and WHO.
  • Reply 13 of 47
    razorpitrazorpit Posts: 1,796member
    felix01 said:
    Well, now I guess we know where Rump got his info from. Cook and Rump, neither with medical experience, are claiming the corner has turned despite counter-evidence from the CDC and WHO.
    Who? What?
    cat52
  • Reply 14 of 47
    eightzeroeightzero Posts: 3,097member
    apple ][ said:
    eightzero said:
    Yes, thoughts and prayers going out to those profits that are most at risk during this difficult time.
    Tim Cook is the CEO of Apple, he's there to talk about his business and his job.

    Tim Cook is not a doctor or a charity worker, luckily.
    Yup, that's his job, and he does it well. Exploiting low cost labor for huge profits to stockholders who create nothing. Good job. 
    elijahg
  • Reply 15 of 47
    apple ][apple ][ Posts: 9,233member
    eightzero said:

    Yup, that's his job, and he does it well. Exploiting low cost labor for huge profits to stockholders who create nothing. Good job. 
    You make it sound like that's a bad thing.

    Tim Cook has done a great job as CEO.

    Would you prefer somebody who uses high cost labor and not making their company much profits?

    You are welcome to run your own company in that way, if that's how you roll.
    cat52muthuk_vanalingamGeorgeBMacrazorpit
  • Reply 16 of 47
    apple ][ said:
    eightzero said:

    Yup, that's his job, and he does it well. Exploiting low cost labor for huge profits to stockholders who create nothing. Good job. 
    You make it sound like that's a bad thing.

    Tim Cook has done a great job as CEO.

    Would you prefer somebody who uses high cost labor and not making their company much profits?

    You are welcome to run your own company in that way, if that's how you roll.
    We had those here in the US. They called them "plantations." Produced a lotta cotton. 
  • Reply 17 of 47
    Don't worry Tim and Apple fans, a drug company lobbyist is now running the American CDC, guess who appointed him. What could go wrong?
    tyler82
  • Reply 18 of 47
    apple ][ said:
    eightzero said:

    Yup, that's his job, and he does it well. Exploiting low cost labor for huge profits to stockholders who create nothing. Good job. 
    You make it sound like that's a bad thing.

    Tim Cook has done a great job as CEO.

    Would you prefer somebody who uses high cost labor and not making their company much profits?

    You are welcome to run your own company in that way, if that's how you roll.
    Yes, jobs that pay above minimum wage is what built the middle class, 40 years ago we paid what things actually cost to make without using slave labor. 
  • Reply 19 of 47
    apple ][apple ][ Posts: 9,233member
    spice-boy said:
    Yes, jobs that pay above minimum wage is what built the middle class, 40 years ago we paid what things actually cost to make without using slave labor. 
    There is no slave labor. That would be false.

    The Chinese workers make a decent wage.

    And if anybody truly believes that Apple uses slave labor and those same people go around making slanderous, false and dumb claims, why in the world would they continue to use any Apple products or even come to an Apple forum?

    These people obviously have zero principles in addition to having a very loose relationship with the truth and facts.
    radarthekatcat52muthuk_vanalingamrazorpitlkrupp
  • Reply 20 of 47
    I love the part where Tim talks about how they have parts from countries other than USA and China and then fails to mention any. Beaker from the Muppet Show.
    cat52
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