Why Apple has benefited from the coronavirus pandemic

At a time when the North American economy faces a deep crisis and many organizations announce branch closures, bankruptcies and losses, Apple is one of the few companies that is resisting the pandemic coronavirus.

Apparently, computing devices have taken on special importance during the health crisis because they are what people are using for remote work, play, and learning from home.

This is why its Mac and iPad drives are benefiting and helping Apple not have the same huge losses other companies are suffering.

The same week that CEO Tim Cook had a hearing before the Judicial Antimonopoly Subcommittee of the House of Representatives, the company founded by Steve Jobs revealed that its revenue increased 11%, according to CNBC, and the Covid-19 pandemic is expected to continue to drive sales for Apple's Mac and iPad units in the coming months.

IPad sales grew 31%, and products like AirPods and Apple Watch grew 17% from the third quarter of 2019. Mac revenue also increased by nearly 18%.

Retailers have generally been hit hard by the pandemic, which has caused stores to close worldwide, but Apple had the advantage that it was able to sell its products online.
 

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