Although the coronavirus has not yet reached the epidemic stage, Apple has preferred to take steps to prevent further spread.
As of this writing, the coronavirus has already killed more than 120 people in China, where the virus was first detected. Many countries have already implemented blocking or quarantine. Some airports have even made the decision to suspend flights.
In the case of Apple and its Chinese partners, the coronavirus could have a significant impact on the production of the brand's future products. However, Tim Cook said that Apple was taking this situation very seriously. The firm has also included a reserve of $ 4 billion on its expectations between 63 and 67 billion for the next quarter.
Apple has also decided to limit business travel. In addition, new hygiene and safety rules have been implemented for employees located in the Wuhan region. In particular, care kits are distributed to all employees.
The Californian firm also closed an Apple Store in the region, and reduced the opening hours of some other stores.
Tim Cook also said his suppliers' factories will reopen later than expected after the Chinese New Year on February 10 rather than the end of the month. Adding that Apple is looking for solutions to catch up in production.