Apple Inc. (NASDAQ:AAPL) will shut 30 more stores in the US following surge in COVID-19 cases weeks after reclosing 47 other stores.

Apple shuts stores as COVID-19 cases surge

The iPhone maker has 271 stores across the US and will shut stores in Alabama, Georgia, Idaho, Louisiana, California Oklahoma, and Nevada on Thursday. On Wednesday, the company closed the Texas, Florida, Utah, and Mississippi stores.

A company spokesperson stated that because of the current COVID-19 situation in some of the areas they serve, they are shutting stores temporarily. The spokesperson added that they are cautious as they monitor the situation and soon have their team back very soon. Apple stores are highly trafficked in shopping malls and centers, and reclosing of the stores is a negative indication of how retail operation will recommence in the US amid the pandemic.

The company was among the first companies to close its stores globally in the wake of COVID 19. Its stores started reopening recently with a focus on curbside pickup in the US. However, in recent weeks surge in the number of cases in various states has pushed Apple to shut stores.

The New York Times terminates relationship with Apple News

Recently The New York Times announced that will not be distributing articles anymore in the Apple News App. This makes it one of the biggest publishers to terminate its association with Apple News. The Times COO, Meredith Kopit Levien stated, that the company was looking to have those readers back to its platform where they can control relationships with readers and presentation of reports. She added that the relationship with Apple’s publishing platform does not fit with the paper’s parameters.

Apple has struggled to get a publisher to sign on the News Plus monthly subscription that costs $9.99 per month. The services offer a variety of newspapers and magazines, but the departure of The New York Times will be one of the largest names to leave the service.

Subscribe to get your free report!

* indicates required
*Past performance is not a predictor of future results. All investing involves risk of loss and individual investments may vary. The examples provided may not be representative of typical results. Your capital is at risk when you invest – you can lose some or all of your money. Never risk more than you can afford to lose.By submitting your information you agree to the terms of our Privacy Policy • Cancel Newsletter Any Time.This is a FREE service from Finacials Trend. Signing up for our FREE daily e-letter also entitles you to receive this report. We will NOT share your email address with anyone.