Cornerstone Wealth CIO Cliff Hodge argues that supply chain disruptions have impacted earnings for some of the best-run companies.
Apple is temporarily shuttering three stores as a precautionary measure amid an uptick in COVID-19 cases, the company said.
An Apple store at Brickell City Centre in Miami, Florida, is closed through at least Thursday, according to the company’s retail website. One store located in Ottawa, Ontario, and another store in Annapolis, Maryland, are closed through at least Friday.
The Apple logo is seen at an Apple Store, as Apple’s new 5G iPhone 12 went on sale in Brooklyn, New York, U.S. Oct. 23, 2020. (REUTERS/Brendan McDermid/File Photo) (Reuters Photos)
“We regularly monitor conditions, and we will adjust our health measures to support the wellbeing of customers and employees,” Apple 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.”
People shop at the Fifth Avenue Apple Store during the launch of Apple’s new iPhone 13 and iPhone 13 Mini on Sept. 24, 2021 in New York City. (Spencer Platt/Getty Images) (Getty Images)
The closures stemmed from rising COVID-19 cases and exposures among employees at the stores. Bloomberg was first to report on the closures.
Public health officials have expressed concern about the omicron COVID-19 variant. The latest strain is thought to be highly contagious and capable of evading some protection provided by vaccines.
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An Apple logo hangs above the entrance to the Apple store on 5th Avenue in the Manhattan borough of New York City, July 21, 2015. (REUTERS/Mike Segar/File Photo / Reuters Photos)
Earlier this week, Apple reinstated mask requirements at all of its U.S. stores amid a spike in cases. The requirement applies to employees and customers.