Apple removes restrictions from online purchase of iPhones despite the Coronavirus pressures

Apple removes restrictions from online purchase of iPhones despite the Coronavirus pressures

  • Apple removes restrictions from online purchase of iPhones despite the Coronavirus pressures.
  • Apple updates Siri to provide relevant information regarding Coronavirus to its users.
  • Apple is on the verge of losing its trillion-dollar privilege due to the virus driven downward rally.

Amidst the Coronavirus pandemic that fueled production delays for Apple Inc. (NASDAQ:AAPL), the U.S tech giant had recently resorted to putting a limit of purchasing two iPhones per user on its online stores. As of Monday, however, Apple has removed such restrictions from the online purchase of its flagship iPhone devices.

The aforementioned restrictions, however, are still applicable to a few of Apple’s Macbook models and iPads. In territories from the U.S to mainland China and Hong Kong, however, all such restrictions have been lifted from the iPhone devices. The users are now able to purchase as many as 10 iPhones online, a survey of Apple’s web stores showed on Monday.

Apple refused to comment on the recent news at this stage.

Apple Closed Its Worldwide Stores Last Week To Minimize Coronavirus Transmission

In order to minimize the fast transmission of Coronavirus across the globe, Apple announced last week that its worldwide stores will be temporarily shut down until the end of March except in mainland China, Hong Kong, Taiwan, and Macao where the experts say the peak phase of the flu-like virus has faded away.

Despite business operations returning to normal in mainland China, the iPhone maker’s supply chain is likely to take its time to fully recover, as per the experts. Apple has launched two new Macbooks and iPad Pro this week. While the deliveries are expected to begin in the upcoming week, the company highlights that the production for these devices began in January when the impact of Coronavirus wasn’t as dire on business operations.

Apple’s CEO Tim Cook, however, expresses confidence that the production delays are likely to be temporary and operations will recover quickly as soon as the virus situation subsides.

Apple Updates Siri To Offer Virus Related Information To Its Users

In separate news, Apple also updated its voice assistant, Siri, on its devices that now offers relevant information and advice regarding Coronavirus to its users. Reportedly, it also includes a test that enables the user to get an insight into whether or not they have been infected with COVID-19.

At the time of writing, Apple is exchanging hands at £197.0 per share in the stock market that marks a little under 30% decline in 2020 so far. Apple is currently on the verge of losing its trillion-dollar privilege with its market cap having reduced to $1.0 trillion at the moment. Amazon and Alphabet have already dropped out of the trillion-dollar club amidst the Coronavirus pandemic.

By Wajeeh Khan
Mr. Khan specialises in Public Health by academia but is a trader by passion. Taking up two new hobbies of writing and trading in his teen years, he is now a professional trader and news writer with over 5 years of experience in various financial markets. Khan is passionate about bringing insightful articles to his readers and hopes to add value to their portfolios.

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