https://wccftech.com/apple-iphone-supply-coronavirus/

One of the first changes Apple's current Chief Executive Officer Mr. Tim Cook made after he joined the company back in 1998 was to overhaul the company's supply chain. At the time, Apple (NASDAQ:AAPL) had massive inventories that were a burden on the cash strapped company, and Mr. Cook's changes made Apple into a leaner and more efficient company.

But now, given the outbreak of the novel coronavirus (2019-nCoV) from the Chinese city of Wuhan, concerns related to Apple's operations in China have started to make rounds in the press and in the industry. Apple's stock dropped by $11 on Friday as fears of the coronavirus were reflected in the broader market.