Here's what five experts say investors should watch regarding Apple's expectations of a financial hit because of the coronavirus outbreak in China.
"I am surprised it's not down more because it's not just supply. It's demand. Demand has to come down because they don't do much shopping in China and with supply, it's not them. It's supply chain and some of the companies that need to give them the supplies, they can switch their six or seven plants in that Hubei area that are halted. … I think there's just not a lot of people that want to sell anything.
"Not entirely surprising. If you look at what's happening in China right now, there's over 150 million people that have some kind of a restriction — can't leave their home, can't travel.
"This has been an ecosystem story for some time. We think that remains very much intact. You still got a services business that's growing mid-teens, you got a wearables business the grew north of 30%. I think one of the key comments out of the release last night was that they're still seeing very strong demand outside of China. Expectations are still in line on that front.
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