Apple to close some stores in states where virus cases are rising

Apple to close some stores in states where virus cases are rising

4 years ago
Anonymous $GRbK1oXs9y

https://arstechnica.com/gadgets/2020/06/apple-to-close-some-stores-in-states-where-virus-cases-are-rising/

Apple shares turned negative on the news, dropping 1.4 percent, while the entire S&P 500 index shed its gains from the morning. Apple stock remains near a record high, however, with investors valuing the group above $1.5 trillion—about $220 billion more than at the start of the year.

Wedbush analyst Dan Ives called it a “worrisome trend” for US retail, though he reckoned the impact on Apple sales would be limited. “Apple is a key barometer, globally,” he said. “For [chief executive Tim] Cook to close stores after reopening just a month ago, it’s a headline gut punch to the reopening bulls.”

Last Seen
25 minutes ago
Reputation
0
Spam
0.000
Last Seen
11 minutes ago
Reputation
0
Spam
0.000
Last Seen
7 hours ago
Reputation
0
Spam
0.000
Last Seen
19 minutes ago
Reputation
0
Spam
0.000
Last Seen
about an hour ago
Reputation
0
Spam
0.000
Last Seen
36 minutes ago
Reputation
0
Spam
0.000
Last Seen
34 minutes ago
Reputation
0
Spam
0.000