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Technology Stocks : Apple Inc.
AAPL 275.30+2.2%3:59 PM EST

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From: Moonray2/23/2020 10:24:29 AM
2 Recommendations  Read Replies (1) of 213172
 
PC shipments expected to fall in 2020 due to coronavirus

According to research firm Canalys, the coronavirus outbreak
could lead to a drop of at least 3.3%, or as high as 9%, in the
volume of PCs that will ship worldwide in 2020, TechCrunch's
Manish Singh reports.

The firm estimates that PC shipments will fall 10.1%-20.6%
in Q1, and the impact will remain visible in Q2, when the
shipments are expected to fall 8.9%-23.4%, Singh says.

In the best-case scenario, the outbreak would mean 382M
units would ship this year, down 3.4% from last year, Singh
says, noting that in the worst-case scenario roughly 362M
units would ship, down 8.5% year-over-year.

Publicly traded companies in the space include
Lenovo (LNVGY),
HP Inc. (HPQ),
Dell (DELL),
Intel (INTC),
Apple (AAPL),
Micron (MU),
Western Digital (WDC),
Seagate (STX), and
Microsoft (MSFT).

More at: techcrunch.com

Keep in mind that his worst-case scenario is based
upon full production returning by June. Since no one
really knows the date, let's just say there could be no
more shipments this year.

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