The biggest story of the moment is the rapid spread of the coronavirus, which can cause a potentially fatal flulike illness and originated in China. The virus — and the global attempts to contain it — has rocked the business world, sending financial markets into correction territory, down more than 10 percent.

In the tech industry, companies with direct exposure to China were the earliest to feel the effects. Apple, for instance, warned investors that the supply of iPhones — the company’s marquee product, which accounts for the bulk of its revenue every quarter — would be hampered by the spread of the coronavirus. Apple relies heavily on factories in Shenzhen, China, and Chinese consumers are an enormous segment of the company’s customer base.

Article Link – https://www.nytimes.com/2020/02/28/technology/coronavirus-disrupts-industry.html

Discussion Questions:

1. Identify three key takeaways from the article. What did you find most interesting?
2. Discuss some of the potential impacts on the coronavirus?

Source: Mike Isaac, “The Week in Tech: Coronavirus Disrupts the Industry”, www.nytimes.com, February 28, 2020.