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yes indeed. China has the coronavirus under control. In the meanwhile, thanks to the slow reaction of the Chinese regime at the virus, it is spreading all over Europe ...
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Cook's feelings are clearly much more important than facts. Where have I heard that before?
Facts are that the COVID-19 has indeed starting to slow down in China... now it is spreading on an higher pace in the rest of the world than in China.
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Its all mass media hysteria. Look at the stats of what ages are affected and the likelyhood of infection. Sure, certain age group (very old people) are at risk but if you ask them they mostly say - "I have other things to worry about at my age".
This thing will settle just like everything else. Its just another fear media frenzy to keep us busy.
Compare the numbers to things like Flu etc. and that will paint another picture.
Overall, this is getting silly.

Yep. Media are exaggerating things in a shameful way as usual.
yesterday there were headlines about 3 deaths in Italy for COVID-19... if you read the article they were 3 people age 80+ (one was 91) with previous diseases !
Yes, they were affected by coronavirus, but they could have died for a normal flu as well.
 
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It feels to me this virus has just started to spread.

If China gets it under control that’sa good sign
 
The case complete mortality rate of COVID-19 is around 7.5% so far. There is no cure and no vaccine yet. It does affect all age group and leaves permanent damage (fibrosis) to lungs even after you recover.

As someone who lives closer to the epic center, the attitude in this thread feels exactly what it feels like a month ago.
"It can't be that bad."
"It is just fear-mongering."
"It just affects old people. I'm not old, so..."
"Flu is worse."

My country was estimated to be the 2nd riskiest to COVID-19 spread by John Hopkins U. However due to our gov't early measure, we suffer much less deaths comparing to other deemed less risky country. I believe everyone's altitude makes a difference. I would urge everyone at least not dismiss it like a distant foreign war.
You are spreading false facts.
The fatality rate has not been determined yet (and it will be only at the end of the outbreak)
At this time the mortality rate is around 3.5% and of those deaths most are age 80+.

More informations and statistics here.

https://www.worldometers.info/coronavirus/
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The problem feared with COVID-19 is that it has a higher R0 or R-naught (how many people it infects by one host on average). Seasonal flu is 1.42, COVID-19 is 2.28 - similar to SARS and MERS. Compared to influenza, it spreads nearly twice as fast, has a higher death rate in the elderly and patients in critical condition (49%), and currently has the same death rate overall. However, it's still spreading and is expected to stabilize somewhere around 3-5%. Basically, it's a larger threat than influenza.
that's correct.
The only critical factor with COVID-19 is its spreading rate. It is a more aggressive virus than "normal" flu, but not more dangerous.
 
Take a deep breath. Be careful, make the preparations you see fit, but don’t panic. Panic, whether inflicted on yourself or others, serves no positive purpose. Instead, try to calm fears — not excite them. We need leaders during challenging times. You cannot lead with panic.
 
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Of course he'd say that when China supplies all of Apple's parts. Apple's investors are more important to him than the reality of the virus. He's an idiot.
You are very quick throwing accusations around. He's the CEO of Apple, makes a lot of money, so that is good evidence he's not an idiot. Do you make ten percent of what he makes?

As far as China is concerned: They enacted brutal closedowns to get the virus under control. The rate of new infections has gone down considerably in the last two weeks as a result. Other countries may have to enact similar closedowns to get the virus under control. As long as governments "don't want to worry the population" (I think Japan said that), this isn't going to happen.
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Of course, the Chinese government neglected the initial threat for weeks, and the only way to get it under control at that point was to scare people into isolation. Thanks to China taking the hit, the rest of the world is primed to react quicker. I don't believe it will have the same impact anywhere else.
There's a hotel in Tenerife under quarantine. And apparently the British tourists there behaved like complete idiots until they actually sent police in to keep them in their rooms. Posts on a different website clearly indicated that many Brits would be absolutely willing to go to work if they were told to self isolate (so in a case like that, the NHS should inform not only the person who might be infected, but also the company and the other employees, so if they appear at work, the selfish bastards will be beaten up and sent back home).
 
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Its all mass media hysteria. Look at the stats of what ages are affected and the likelyhood of infection. Sure, certain age group (very old people) are at risk but if you ask them they mostly say - "I have other things to worry about at my age".
This thing will settle just like everything else. Its just another fear media frenzy to keep us busy.
Compare the numbers to things like Flu etc. and that will paint another picture.
Overall, this is getting silly.
You seriously have no clue what you are talking about. Compare the numbers?

Compare the mortality rates. Coronavirus is 300 as deadly as the flu. The reason that the number of those who died from Coronavirus in China is in the thousands and not in the millions is the fact that the totalitarian Chinese government placed over 60 million people under the house arrest, restricted travel for 780 million people, and shut down virtually the entire economy. They are able to contain this epidemic via extraordinary measures that are only possible in a totalitarian country with significant wealth.

When this virus hits for real in the Western world, you will see millions of dead. If you approximate the number of people in the US who die from the flu at 50,000 people per year, multiply this by 300, and you will get 15 million people dead in the US from Coronavirus within a year.

I guess the only “positive” result from this virus is that it will resolve the solvency problem of Social Security and Medicare, as it will wipe out most Americans of the retirement age.
 
"It feels to me that China is getting the coronavirus under control..."
I sure hope so. covid19 is bad stuff
wash your hands, cover your cough, etc - basic stuff
 
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There's no doubt this is serious, and needs to be taken seriously. Medical professionals need to track and quarantine when necessary. However, this is also being blown all out of proportion.

It's going to cause some economic impact because of containment efforts, but by summer everything will be back to normal economically because it will have either been contained or not.

If not, we will have to deal with another type of flu and attempt to get vaccines and treatments that work. It could even lead to fewer deaths overall if people actually started getting flu shots. In any case, no one is going to be wetting their pants about this next year at this time.
 
I love how a bunch of you are trusting fake news coming out of China down to fake news MSM and are buying anything that is said about this virus. I love this thread!

Interesting take. What's the real deal with this, then, according to you?
 
Or as usual there is something going on and this is meant to keep us busy. Tons of people will make a killing on this. Smart people will at least.
The stock market just wiped so much gain in a matter of days. :)
I always believe that things happen for a reason so I'm sure we might eventually find out but for now, I don't buy the madness. Good to be cautious but thats about it. The rest is just manipulation.


It’s the biggest news story right now, so the media naturally hypes it, I agree.
 
Um he is just trying to reduce the sell off on AAPL. China is covering a lot up what you hear is what the government wants you to hear so they can avoid a disaster that results in their party losing face or even control one day.

Our China offices (I work for a Chinese company) are not opening fully, people are still stuck, but more importantly people are scared and most are aware they are being lied too but they can’t state it publicly.

The rest of the world is just starting to take action and will hunker down. Buying an Apple product is the last thing on their mind (unless your some California resident that values their life on consumerism). They are the only ones that are going to get that next Tesla, iPhone, and waste on keeping their appearance of satisfactory like alive.

The rest of the world is just starting to take action and will hunker down. Buying an Apple product is the last thing on their mind (unless your some California resident that values their life on consumerism). They are the only ones that are going to get that next Tesla, iPhone, and waste on keeping their appearance of satisfactory like alive.

(typed on my iPhone, hehehe)

The rest of the world is just starting to take action and will hunker down. Buying an Apple product is the last thing on their mind (unless your some California resident that values their life on consumerism). They are the only ones that are going to get that next Tesla, iPhone, and waste on keeping their appearance of satisfactory like alive.


Agreed. The problem is it's under control because everyone is in lockdown and the Chinese are very disciplined. So what happens when people start going back to work?

We still don't know if the spring and summer will have any impact on the spread as this is not a seasonal flu.
 
Coronavirus is taking down the stock market that's for sure!

The stock market didn't go down during the COVID-19 outbreak inside China, instead, it crashed days after the situation in China started to cool down. What took down the stock market is the COVID-19 outbreak in Korea, Italy and Iran. In another word, strictly sticking to the questions Tim was asked about, his answer was not wrong at all.
 
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