Feb.17 — Mehdi Hosseini, senior analyst at Susquehanna Financial Group, talks about Apple Inc.’s announcement that the company doesn’t expect to meet its revenue guidance for the March quarter due to work slowdowns and lower demand resulting from the outbreak of novel coronavirus in China. Hosseini speaks with Haidi Stroud-Watts and Shery Ahn 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.
Stock Tickers: (Nasdaq: AAPL, Nasdaq 100 component, DJIA component, S&P 100 component, S&P 500 component)
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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