Apple delays China store reopenings
The coronavirus is keeping Apple's retail stores on ice
Apple is extending its retail store closures in China due to the coronavirus outbreak, even as it worked toward opening its corporate offices and contact centers, the iPhone maker said on Friday.
Ticker | Security | Last | Change | Change % |
---|---|---|---|---|
AAPL | APPLE INC. | 237.33 | +2.40 | +1.02% |
The company earlier this month said it would shut all of its official stores and corporate offices in mainland China until Feb.9 due to the outbreak
GET FOX BUSINESS ON THE GO BY CLICKING HERE
``We are working toward re-opening our corporate offices and contact centers the week of February 10, and we are making preparations to reopen our retail store,'' the company said in a statement.
STOCKS SLIDE ON CORONAVIRUS WORRIES
``We will continue to update our customers as opening dates are finalized.''
Apple remains heavily reliant on China both for smartphone sales as well as for its supply chain and manufacturing.
CLICK HERE TO GET THE FOX BUSINESS APP
Reporting by Amal S, Ayanti Bera in Bengaluru; Editing by Sriraj Kalluvila