Please ensure Javascript is enabled for purposes of website accessibility
Free Article Join Over 1 Million Premium Members And Get More In-Depth Stock Guidance and Research

Apple Closes All California Stores Due to Spike in COVID-19 Cases

By Rich Duprey - Dec 21, 2020 at 1:22PM

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

The move, amid a frenzy of Christmas shopping, also includes its London stores.

Amid a spike in COVID-19 cases in California, Apple ( AAPL 2.28% ) announced on Saturday that it was closing all of its stores in the state. And as a new strain of the coronavirus sprouted up in London, it said it would close its stores in the greater London area as well.

Apple operates 53 retail locations in California and has over a dozen in London. It's the second major closure of its stores in the U.S. since Apple shuttered all its stores globally earlier this year in response to the pandemic.

Although the tech giant's online stores will remain accessible, the closures are ill-timed as consumers race to do last-minute Christmas shopping. 

Employee at Apple Express store

Image source: Apple.

Despite having some of the toughest containment measures in place in the U.S., California is still seeing one of the most severe increases in new coronavirus cases. Some 1.8 million have been infected, with 22,400 fatalities.

In the U.K., Prime Minister Boris Johnson has imposed new lockdown orders and bans on travel. A number of countries have imposed travel bans from the U.K., although the country is still allowing people to fly in.

Apple stores that remain open elsewhere have converted to what it calls Express stores. Rather than allow customers inside, a reception area has been set up in front where shielded employees take customer orders and retrieve orders made online. Customers line up outside with social-distance spacing.

Apple posted record fiscal fourth-quarter revenue of $64.7 billion and is seeking to eclipse $100 billion in the first quarter, in part on sales of the iPhone 12.

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis – even one of our own – helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.

Invest Smarter with The Motley Fool

Join Over 1 Million Premium Members Receiving…

  • New Stock Picks Each Month
  • Detailed Analysis of Companies
  • Model Portfolios
  • Live Streaming During Market Hours
  • And Much More
Get Started Now

Stocks Mentioned

Apple Inc. Stock Quote
Apple Inc.
AAPL
$175.08 (2.28%) $3.90

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

Related Articles

Motley Fool Returns

Motley Fool Stock Advisor

Market-beating stocks from our award-winning service.

Stock Advisor Returns
652%
 
S&P 500 Returns
142%

Calculated by average return of all stock recommendations since inception of the Stock Advisor service in February of 2002. Returns as of 12/08/2021.

Discounted offers are only available to new members. Stock Advisor list price is $199 per year.

Our Most Popular Articles

Premium Investing Services

Invest better with the Motley Fool. Get stock recommendations, portfolio guidance, and more from the Motley Fool's premium services.