Two major financial papers that usually blow out false news about Apple’s supply chain in lockstep have suddenly diverged in their imagined tales of how the world’s best capitalized and most proficient and competent tech company might be somewhat challenged by the economic disaster now killing thousands of people.
Apple Park isn’t exactly needing a GoFundMe
Never mind the devastation, worry about a trillion-dollar corporation that has proven itself to be nearly impervious to disasters of all sorts. That’s the message from Japan’s Nikkei Asian Review and the Wall Street Journal, although right now each is pursuing the narrative in independent directions.
Doom pundits worry about the richest entity in tech
Don’t worry about pandemic deaths and the conspicuous lack of action that is exacerbating what appears to be the world’s worst crisis since World War II. No, worry about how Apple is going to survive 2020 with its hundred billion dollars of capital waiting to snap up deals in the coming fire sales of despair among companies actually at risk.
Both Nikkei and the Wall Street Journal have a bizarre fascination with predicting some potential of doom for Apple that just never seems to materialize.
In part, that’s because Apple has incredible power and money. It’s perhaps the only global enterprise to simultaneously be the tariff-exempted darling of the United States and a “too big to fail” essential investment partner of the People’s Republic of China.