Apple shutters more stores ahead of outbreaks (video)

apple recloses 30 stores

Apple turned red on the news.

From TeletraderNews’ “Apple to reclose 30 more US stores amid pandemic“:

Apple Inc. announced on Wednesday the company will reclose 30 additional stores across seven federal states in the United States due to the pandemic. Since the coronavirus numbers reignited across the country, Apple has closed its stores in Texas, Florida, and Arizona.

Furthermore, all Apple’s stores in Las Vegas and Georgia are also already barred. Overall, the number of shut stores amounts to 77. That means almost 30% of the retails are currently not working, as the tech giant owns 271 stores in the US.

Following the news, Apple’s stocks turned red to drop 0.17% and sell for $364.23 per share at 2:37 pm ET. Still, the company fully recovered from the market plunge in March, as its shares gained over 24% since the start of the year.

Below: CNBC’s video report…

My take: Apple store closures are the canaries of coronavirus.

6 Comments

  1. David Drinkwater said:
    My primary Store, Knox Street, was affected. I picked up a new iPhone X / Xs case, 18W USB-C charger, and two additional USB-C to Lightning cables just in time. (And I ordered them before I knew the closure was coming.)

    They were very proactive: even though I had an appointment to pick them up yesterday (which entailed lots of good control protocols on site), they called me to warn me that tomorrow is the last active day for the Store.

    Twice, even. lol

    I am sure that NorthPark Mall is also affected, and I think Willow Bend (which was the first Store in North Texas) is still alive enough to experience a shut down. Don’t know about Fort Worth.

    0
    July 1, 2020
  2. Jerry Doyle said:
    @David Drinkwater: Texas stores closed are: University Park Village, Southlake Town Square, Ciello Vista Mall, Galleria Dallas, Northpark Center, Knox Street, North Star, La Cantera, Domain Northside and Barton Creek.

    0
    July 1, 2020
  3. Jerry Doyle said:
    @David Drinkwater: Willow Bend north of LBJ & south of Spring Valley? Is that store still existing?

    0
    July 1, 2020
    • David Drinkwater said:
      Jerry, based on the store.apple.com list, no, the Willow Bend Store no longer exists.

      0
      July 3, 2020
  4. Jerry Doyle said:
    Apple is offering again a 10% bonus when adding money to your Apple ID. The maximum is $200 and earn up to $20 extra. Limited one-time offer. On iPhone, go to App Store app. Tap on your profile pic. Click link to “Add Funds to Apple ID.” Choose preset amount or add your custom $200 amount. Apple caps it at $200 with a maximum bonus of $20.

    1
    July 1, 2020

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