Covid pandemic effect is back as Apple closes three stores due to rising daily covid cases

We reported earlier that the U.K reported the highest number of daily covid cases that they have ever seen before in the pandemic began and now Apple released a statement that it will shut three stores due to rising covid cases.  The shutdown didn’t seem to affect apple stock price as of today. Apple stock traded up by 2.85%, it closed at 179.30 per share. Just a few dollars short of reaching the $3 trillion valuation.

·       Apple temporarily shut three stores on Wednesday as the number of Covid cases rise.

·       The closures raise questions about the impact of the Covid pandemic on the holiday-shopping season amid concerns from public health authorities about the impact of the omicron variant.

·       Store employees will take Covid-19 tests before reopening, Apple said.

“We regularly monitor conditions and we will adjust our health measures to support the wellbeing of customers and employees,” an Apple spokesperson said in a statement. “We remain committed to a comprehensive approach for our teams that combines regular testing with daily health checks, employee and customer masking, deep cleaning, and paid sick leave.”

Apple said that store employees will take Covid-19 tests before reopening, so the closures could be delayed beyond Thursday and Friday, depending on the results. Apple’s retail employees have had access to weekly at-home tests provided by the company since earlier this year.

Apple is also asking that its customers wear a facemask while shopping at its stores.