Apple extends the shutdown of its U.S stores until early May

Apple extends the shutdown of its U.S stores until early May

  • Apple says its stores in the United States will remain closed until early May.
  • The U.S tech giant told its employees that the work-from-home arrangements will stay in place.
  • Senior vice president says a few of the stores outside of the U.S may open by mid-April.

Apple had announced a two-week shutdown of its worldwide stores except in China in March. As Coronavirus continues to spread quickly across the United States with over 245,000 people infected so far and more than 6,000 deaths, Apple Inc. announced on Thursday that it is extending the shutdown of its U.S stores for a whole month. The stores will now remain closed until the start of May as the U.S tech giant directed its employees that the work-from-home arrangements will remain in place during this time.

Apple’s senior vice president (retail and people), Deirdre O’Brien highlighted in a memo sent to the company’s employees that, “Apple anticipated that flexible work arrangements will remain in place for all offices, and all retail stores will remain closed, until early May.”

Apple Will Reopen Stores Based On Local Government’s Guidance

She further added that Apple is working committedly to get a thorough daily update of the pandemic situation at all of its worldwide locations. The iPhone maker wishes to make its decision regarding resuming operations based on its meticulous evaluation and the latest guidance laid out by the regional public health professionals and the local governments at large.  

The memo also acknowledged that plenty of Apple’s employees especially parents are struggling to find the balance between their work and personal lives which include crucial matters like homeschooling for their children. The company encouraged its workers to communicate their challenges with the management that is committed to offering support and arranging flexible schedules for such employees.

In her previous statement, O’Brien had informed Apple’s employees that a few of the stores located outside of the United States may resume operations in the first two weeks of April. Thursday’s memo further added that the executive team at Apple is holding regular meetings and is in continuous contact with its worldwide teams for daily updates.

Apple Has A Total Of 270 Stores In The U.S

Headquartered in California, Apple currently has 458 stores located outside of mainland China, Hong Kong, and Taiwan. Out of these, 270 stores are located in the United States all of which were temporarily closed as the government continued to restrict people to their homes to minimize the fast transmission of the flu-like virus.

Apple’s stock gained more than 1% in premarket trading on Friday. At £199 per share, the stock is still trading a little under 20% down year to date. At the time of writing, Apple has a market cap of £870 billion ($1.07 trillion).  

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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