I was literally thinking about Gilead last night. This whole thing is nuts.
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Apple to Close All Retail Stores Outside of China Until March 27th
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I was literally thinking about Gilead last night. This whole thing is nuts.
Truer words have never been spoken. (Although I have no idea about Bill Gates and the vaccine claims. But I can certainly attest to the manner in which Italy handles its healthcare.
It is likely a smart move by Apple. But the clear date they gave is subject to change, just like pretty much any date being given out right now by anyone. It gives the appearance of certainty. Whether the market assumes certainty from that remains to be seen. I would read this as "Apple Stores are closing for now."
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Because China has weathered the storm that is landing, or about to land, everywhere else. They took pretty drastic measures to knock it down. Many of which are more drastic than other countries are willing to use.
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This - that last bit especially. I suspect a substantial part of why companies are taking a step (closing) that is going to hurt them economically, is that nobody wants their explainer phrase on the news for the next ten years to go like, "Foobar Corp, the company responsible for the Smallville outbreak that killed 18 people in 2021, announced their new product today..." Having that follow your company around for years would hurt more than part of the profits for a month right now.
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Indeed. Having a physical presence in lots of places has been big for them. And I hear they have way higher earnings per square foot than most any other mall store. But it's a consideration for people in every profession, not just those who make costumes.
They might, but for now you can send it back by mail. We don’t know how long this will go on.
Sounds like you should bet your retirement on AAPL going to $150, since it’s going to happen.
Better add the flu to you sensationalist facts since it dwarfs the death tolls of this virus.
75M people died in WW2. Your prediction is that Covid19 will kill 150,000,000 people in the next 9 months?
Aite, Ima head out.
I wonder if when the stores reopen Apple will have no hygiene measures in place. Like requiring you to use hand sanitizer and having the products behind a display case so ppl can’t just touch them all day.
Business, Public Health & the unknown.
The U.S. is, by far, the biggest market for Apple.
Only now, free tests will be available to those with the symptoms. We'll have a better picture in the next 6 weeks.
Outside of tech forums, almost no one cares about smartphones and other tech gadgets. For how long...
Big deals are announced, showing the lack of interests.
The unknown... reflecting the volatility in the markets.
The U.S. is, by far, the biggest market for Apple.
Only now, free tests will be available to those with the symptoms. We'll have a better picture in the next 6 weeks.
Outside of tech forums, almost no one cares about smartphones and other tech gadgets. For how long...
Big deals are announced, showing the lack of interests.
The unknown... reflecting the volatility in the markets.
Indeed thank you for the correction. The ACE2 relationship is a fascinating aspect of the virus. And if I may offer a bit more perspective here. As was the case with SARS (which is basically another in the very same family of virus) cardiac patients (diabetecs, hypertension etc) anyone that takes an ACE inhibitor or ARB are at increased risk for severe infection.
The theory behind why this occurs has to do with possible increased ACE 2 receptor expression in patients taking an ACE inhibitor or ARB.
There was an article published (letter to the editor of a medical journal) positing this notion and asking the question of whether a substitute drug should be used in place of those ACE related drugs to reduce morbidity in affected patients. It’s a novel idea and one that merits further investigation.
The challenge is going to be what good alternatives are there? Amlodopine? Not as effective and somewhat of a sloppy drug.
anyway. Currently testing with Remdesivir is showing promise. But it’s so damn early. I wouldn’t hesitate to try out other ARVs just to be sure.
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on the bright side. A good calamity or two every now and then does wonders for prospective buyers of real estate. LOL
boomers LOVE the mall store concept
local mall here charges for parking. Not inclined to shop there. Would be better to have a single down town free standing apple retail repair facility.
I used the apple on line store recently. It was a little odd (not amazon qualiity) but in a round about way i was able to purchase the cable adapter i needed.
local mall here charges for parking. Not inclined to shop there. Would be better to have a single down town free standing apple retail repair facility.
I used the apple on line store recently. It was a little odd (not amazon qualiity) but in a round about way i was able to purchase the cable adapter i needed.
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Or, no!
Did you learn math in school? Crunch your own numbers.
Those who compare Covid-19 to the flu are simply ignoramuses. It’s not about how many people have died from this virus. It’s about how many people will die from it if it’s not contained.
German Chancellor announces a few days ago that up to 70% of Germans will become infected. Germany is a much more disciplined and more affluent per capita country than the US. They also have universal healthcare. So, you can bet your ass on at least 70% of Americans getting this virus if it’s not contained.
in developing countries like India and most of Africa, the percentage of infected will be much higher.
So, take 3% of 6 billion people, and you get 180,000,000. In reality, the death rate will be much higher because half of the world doesn’t have adequate medical care.
By the way, China is not out of the woods with Coronavirus. Even if they have contained the epidemic, they would have to shut themselves off from the rest of the world. Otherwise, the virus will be re-imported to China, and it will start spreading like crazy again, and China would have to lock down half of the country and shut down their economy to contain it like they had to do in February. So, until we get the vaccine, we will be in this situation.
By the time the vaccine is available, the world will have 250,000,000 dead from this virus if we don’t start implementing draconian measures to contain this virus similar to what the Chinese have done.
I have to applaud Apple for doing the right thing, however painful it may be to its customers, shareholders, employees, etc. And glad that it will continue to pay its hourly workers.
We're likely to see more and more closures - I wonder how the food distribution system will work if food stores are closed. No country is more than three meals away from a revolution . . . or, more realistically, severe disorder.
We're likely to see more and more closures - I wonder how the food distribution system will work if food stores are closed. No country is more than three meals away from a revolution . . . or, more realistically, severe disorder.
This is another over-reaction.
Apple instead should have pulled models off the floor and had 1 device per category for customers to view/try and wipe it down afterwards.
Also this is about more litigation than mitigation.
Folks this is a ‘panicdemic‘ and like many others have said on here is the same type of stuff that goes on every year and those same age groups, compromised etc have just as much risk from other things.
Ask yourself this though...why aren’t these cleaning protocols that most places are doing the norm. The same risks were here before CV19 for these groups.
And folks these experts are guessing also...this thing has been around longer than this and many flus/pneumonia’s in late Dec/Jan were possibly this that they will probably go back and recheck those tests to see if it was CV19 to get more accurate data.
People were coming in and out of Wuhan everyday before the ban and don’t believe for a second China was being honest.
in the end we have nothing to fear but fear itself.
Apple instead should have pulled models off the floor and had 1 device per category for customers to view/try and wipe it down afterwards.
Also this is about more litigation than mitigation.
Folks this is a ‘panicdemic‘ and like many others have said on here is the same type of stuff that goes on every year and those same age groups, compromised etc have just as much risk from other things.
Ask yourself this though...why aren’t these cleaning protocols that most places are doing the norm. The same risks were here before CV19 for these groups.
And folks these experts are guessing also...this thing has been around longer than this and many flus/pneumonia’s in late Dec/Jan were possibly this that they will probably go back and recheck those tests to see if it was CV19 to get more accurate data.
People were coming in and out of Wuhan everyday before the ban and don’t believe for a second China was being honest.
in the end we have nothing to fear but fear itself.
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Glad I got my airpods fixed last week.
I wonder how much longer stores like Walmart, Costco, Target will stay open?
I wonder how much longer stores like Walmart, Costco, Target will stay open?
Not even close. Only 45% of sales are in the Americas, which include the US, Canada, Mexico, and all of Central America and South America. Though Apple doesn’t report US sales, a decent estimate would be maybe a third of all sales.
I asked this question (A local Walmart owner/investor in my area) Walmart is a 24/7 operation, Also, some of them are ‘franchised’ own, so I don’t think it would be every Walmart store that would closed if impacted, being there are corporate stores as well. From my understanding, some of the franchise stores are using ‘discretion’, where corporate stores may have a different outlook.
As for Target, they probably would be very ‘last minute’ to close if that did happen. But I could see like retail stores like Kohl’s perhaps to close if the situation worsens in _that_ specific localized community.
What you're doing is cherry-picking the reasons why the mortality rate might be higher than reported, while ignoring the reasons why it might be lower.
Of course the number of deaths will go up - but so will the number of infections - both reported and actual. (its actually 21 deaths 'out of' 1140 in the UK now...) - and its very well established that the deaths are more or less confined to people with existing conditions. If you've seen up-to-date figures on what proportion of the reported infected are in the "at risk" groups, do tell - last I looked many were reported to be "self isolating at home" and are likely not in the group at significant risk of death, who will be receiving hospital treatment. .
Couple of important quotes re. the UK situation:
"However, the government's chief scientific adviser Sir Patrick Vallance has said there are probably between 5,000 and 10,000 people infected in the UK at this time."
"He also said that many people will no longer be tested if they are showing mild symptoms. Only those with the most serious symptoms will be given a test in hospital."
Covid inquiry: The UK pandemic in numbers
Explore the data on how the coronavirus pandemic unfolded in the UK.
www.bbc.co.uk
There's no wishful thinking here: the "known cases" are known to be far less than the actual number of infected and the testing program is known to be skewed towards the more serious cases. Both of those will amp up the naively-calculated mortality rate.
Any "mortality rate" based on "reported cases vs. deaths" is hopelessly unreliable - as is the infection rate if the only people being tested are disproportionately the ones who have developed serious symptoms because they are particularly susceptible.
As I said - note of this is a justification for complacency, but over-reaction has a body count, too. E.g. more people will die if the health service deteriorates because half of the doctors and nurses are staying home to look after the kids because the schools and childcare facilities have been closed... because the politicians are under pressure to do something.
Greater potential reward, like the rapid growth of AAPL over the past decade, comes with greater risk. Not gonna shed tears over anyone who thought it was a good idea to “bet their retirement” on any single company.
Hell, I’m 24 and I know that’s stupid.
All Walmarts are company owned, there are no franchises.
They won’t be shutting down, but certain items will no doubt have shortages.
yep - we must always remember that “nature” and the Earth overall were here before us and will be here after us...
and there will be an “after us” eventually
I'm 32 and I'm with you. Be smart. At this point you and I have no retirement in sight, which means this is just something you ride out. Also, it goes without saying you should keep putting money in.
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