How Is The Coronavirus Outbreak Affecting Tech Companies?

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  • Mar.24 — Krish Sankar, managing director and senior research analyst at Cowen Inc., discusses how the coronavirus outbreak is affecting U.S. technology companies. Apple Inc. told staff that some of its retail stores may reopen in April on a staggered basis and has extended remote work abilities for many employees through at least April 5. Sankar speaks on “Bloomberg Markets.”

    In This Story: Apple Inc

    Apple Inc. is an American multinational technology company headquartered in Cupertino, California. It is considered one of the Big Tech technology companies, alongside Amazon, Google, Microsoft, and Facebook.

    Well known products and services from the brand include the iPad tablet computer, AirPods wireless earbuds, iOS, iTunes, the Safari web browser, Apple Music, iCloud and Apple Pay.

    Apple was founded by Steve Jobs, Steve Wozniak, and Ronald Wayne in April 1976. Apple went public in 1980. In August 2018, Apple became the first publicly traded U.S. company to be valued at over $1 trillion and just two years later in August 2020 became the first $2 trillion U.S. company.

    The company employs 137,000 full-time employees and maintains 510 retail stores in 25 countries as of 2020.

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