Apple Inc is expanding retail operations as the United States emerges from the pandemic, betting that a combination of strategies developed before and during COVID-19 will make its stores more popular than ever, its retail chief told Reuters.
The express counters that popped up to help customers more efficiently pick up online orders, for example, will become regular features of Apple's 500-plus stores around the world, all of which have reopened as of June 14. One of the retail-related weak spots in its financial results, analysts said, was a slowdown in sales of AppleCare, a device insurance plan that is often an upsell during a store visit but easier for consumers to skip online. Apple also experienced supply chain missteps over the past year, delivering its iPhone 12 later than usual last year and saying in April that the global semiconductor shortage would cost it several billion dollars in sales.
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Hong Kongers snap up final edition of Apple Daily newspaperHong Kongers queued Thursday for the final edition of the city's beloved pro-democracy tabloid Apple Daily after it was forced to close under a ... To be precise, 1million copies of them.
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UPDATE 3-Hong Kong's Next Digital says Apple Daily newspaper to end by SaturdayHong Kong's pro-democracy tabloid Apple Daily will stop operating no later than Saturday, its publisher, Next Digital, said on Wednesday after national security police arrested another employee of the besieged newspaper. The end of the popular 26-year-old tabloid, which mixes pro-democracy discourse with racy celebrity gossip and investigations of those in power, has escalated alarm over media freedom and other rights in the Chinese-ruled city. In a statement on its website, Next Digital said the decision to close the newspaper, which employs about 600 journalists, was taken 'due to the current circumstances prevailing in Hong Kong.'
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The rise and fall of Hong Kong's Apple DailyThis was the moment 500 officers raided Hong Kong's Apple Daily, a beacon of media freedoms on the margins of Communist China.[Hong Kong leader Carrie Lam, saying:] 'Don't try to beautify these acts of endangering national security.'It's being widely seen as a direct attack on the city's freewheeling media and has come as a shock to those concerned about the erosion of Hong Kong's freedoms.[Columnist Edward Chin]: '... it's a political crackdown and it's also playing some sort of psychological warfare. And shame on them if this is the way they want to see Hong Kong become.'Apple Daily was set up in 1995 by Jimmy Lai, a self-made textiles tycoon who was jailed in April for joining unauthorized rallies.The splashy Chinese-language tabloid became a runaway commercial success read by dissidents and a more liberal Chinese diaspora.The paper features a mix of celebrity gossip, investigations of the powerful and pro-democracy editorials and is known for repeatedly challenging Beijing's rising authoritarianism.Last year's security law was Beijing's first major move to put Hong Kong on an authoritarian path.Apple Daily's advocacy of democratic rights and freedoms had made it a thorn in Beijing's side.Hong Kong's police chief warned in April that media outlets that endanger national security through 'fake news' would be investigated.The newsroom began bracing for a crackdown, reporters have since told Reuters.Most staff received cards with lawyer contacts and news materials were firewalled or sent abroad to protect information and sources.On June 4, authorities banned the annual candlelight vigil in downtown Victoria Park to commemorate the deadly 1989 Tiananmen Square crackdown.Apple Daily's front page the next day read: 'You can close Victoria Park. But not lock people's hearts.'The raid came on June 17.Police arrested five executives, including chief editor Ryan Law and CEO Cheung Kim-hung.Authorities also froze $2.3 million of Apple's assets.Three days later the paper mar
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Hong Kong pro-democracy paper Apple Daily to print last edition on June 24
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