Axios: “The world’s factory is still shut”
By admin_45 in IN THE NEWS
Excerpt from Axios quoting DataTrek's Nick Colas:
.... "Between the lines: Apple and other multinational companies have a finite inventory of finished goods to sell, says DataTrek Research co-founder Nicholas Colas, estimating Apple's supply at "just 25–30 days" before it starts running out of iPhones if suppliers remain closed.
"And even if facilities do get up and running, health protocols and absenteeism due to virus worries may reduce productivity," Colas warns"....
Read the full article here in Axios!