Apple is playing a special role in this pandemic. In the US at least, its CEO Tim Cook is becoming a almost essential person. If a few days ago we knew the news about his position in the California Economic Recovery Advisory CommitteeNow we see how even Trump himself asks for his opinion.
Cook talks about the country's economy with Trump.
In a conversation between the President of the United States and the CEO of Apple, both personalities have been talking about the economic crisis that the health crisis could leave the country.
For several weeks now, businesses, companies and freelancers have not generated the same income as before the mandatory closure dictated by government authorities. Apple too has suffered the consequences of those business closings.
However, Cook affirms to Trump that although the crisis will come true, the recovery of the economy will be quick and effective. What is known as "V" shaped recovery. In other words, a rapid fall but a recovery equal to or faster than the first.
The CEO of Apple also affirms that companies will recover their losses and their shares will rise like foam, at least at the beginning, until reach the usual values prior to the health crisis.
Apple, for example, has lost 14% in the value of its shares due to store closures and a shortage of supplies from suppliers. All of it because of a virus.
Hopefully he is right and the US he recovers soon of the fall that the entire business world will suffer. In Spain a strong crisis is expected and, unfortunately, experts predict that the recovery will not be as fast as Cook predicts.
