companies are saying publicly that disruptions caused by the coronavirus are hitting their bottom lines. Microsoft warned Wednesday that its personal computing unit, which includes Windows and Surface, will likely miss revenue expectations due to a slower-than-expected return to production after the Lunar New Year.The big picture: Although Apple was the first big tech company to warn of a financial impact from the outbreak, most industry watchers said they expected the impact to be felt broadly across the industry, which depends heavily on China for manufacturing.In addition to Microsoft and Apple, chipmaker Nvidia has lowered its revenue expectations by $100 million for the current quarter.Shares of Nutanix fell more than 20% on Wednesday after the cloud storage company lowered its outlook for the year, blaming the virus.
Meanwhile: Global electronics manufacturing association IPC warned this week that the virus could cause suppliers to delay product shipments by roughly five weeks, based on a survey it conducted.
The group said that most suppliers are quoting a three-week delay, on average, but the manufacturers expect the real delays will average closer to five weeks.
Our thought bubble: It was always clear that not just Apple, but any company that gets manufacturing done in China, would be affected by the crisis. The question remained whether we’d see just a couple of weeks’ impact or a sharper and longer-lasting disruption. We still don’t know the answer, but a more serious scenario looks more possible as the virus continues to spread, not just in China but beyond.
Yes, but: A small number of tech companies, those who focus on tech that helps employees work remotely, are seeing an uptick in business. Videoconferencing supplier Zoom, for example, has reportedly added as many users this year as for all of 2019.
Amazon confirmed that Mr. Clark had emailed his organization on the matter. “We are watching this situation closely with a focus on the safety of our teams and ensuring we can meet customer promises,” an Amazon spokeswoman, Kelly Cheeseman, said in a statement. “We are closely following local and international health authority guidance as this situation progresses.”
Cold- or flu-like symptoms usually set in from 2–4 days after a coronavirus infection and are typically mild. However, symptoms vary from person-to-person, and some forms of the virus can be fatal.
- runny nose
- fever in rare cases
- sore throat
- exacerbated asthma
- Scientists cannot easily cultivate human coronaviruses in the laboratory unlike the rhinovirus, which is another cause of the common cold. This makes it difficult to gauge the impact of the coronavirus on national economies and public health.
There is no cure, so treatments include self-care and over-the-counter (OTC) medication. People can take several steps, including:
resting and avoiding overexertion
drinking enough water
avoiding smoking and smoky areas
taking acetaminophen, ibuprofen, or naproxen for pain and fever
using a clean humidifier or cool mist vaporizer
A doctor can diagnose the virus responsible by taking a sample of respiratory fluids, such as mucus from the nose, or blood.