Apple's Coronavirus Weakness Could Mean Investors' Gains

With worries about the SARS-CoV-2 virus at fever pitch, investors are running for the hills, sending stocks plummeting. Apple (NASDAQ: AAPL) is no exception. Shares are down 9.5% since the company issued an earnings warning last week because of COVID-19, which is approaching a pandemic level.

But that decline in shares of the iPhone maker could present an opportunity for investors to build a position in Apple. Yes, the problem is worsening, and Apple already warned investors about lower results for the current fiscal second quarter -- but there are reasons to be optimistic about Apple's prospects over the long haul.

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Source Fool.com