When considering the fortunes of the FAANG family since the viral outbreak, it appears Apple (AAPL) has most to lose. Amazon and Netflix can count their internet driven models as particularly well set up for a hibernation period. And while Google and Facebook stand to lose significant advertising revenue, they are still less reliant on physical product. Apple, on the other hand, has seen the disruption to its supply chain and production line severely impact this year’s plans.The giant from Cupertino was laying the groundwork for a September launch of the iPhone 12, the first model to boast 5G capabilities. …read more
Source:: Yahoo Finance
