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Apple Resumes Operation Of All China Retail Locations

PYMNTS

After it was forced to shutter its retail locations in China because of the spread of COVID-19, Apple Inc. Apple has been slowly reopening the locations, with 38 of the 42 shops open for business as of last week. Apple also had to shutter all of its Italy locations amid coronavirus fears.

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Goldman’s Apple Card: What Will Q2 Hold?

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Apple Card — the iPhone-based credit product launched last summer by Goldman Sachs , Apple and Mastercard — is expected to be a hot topic on Goldman’s earnings call Wednesday (July 15). To use Apple Pay, customers tap the card icon in the Afterpay app, which then activates the Afterpay card in the Apple wallet.

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Samsung Pay Launches Debit Card, Money Management

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Samsung Pay is launching a physical debit card and this summer will introduce a money management tool in partnership with SoFi. Ahn added that over the summer months, Samsung Pay will introduce a tool to help people better manage their financial lives. Growth is being fueled in part because more retailers are participating.

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Apple Workers Receive Unlimited Sick Time For Signs Of The Coronavirus

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To make sure its retail staffers are healthy, Apple is giving its hourly employees, with the inclusion of retail workers, unlimited sick leave if they experience coronavirus symptoms, 9to5Mac reported. The tech company’s retail workers reportedly don’t have to send in a doctor’s note for their time away from work.

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Apple Stores Unlikely To Reopen Before 2021

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In a video conference call with its workforce last weekend, Deirdre O’Brien, Apple’s senior vice president of retail and people, encouraged employees to serve customers from home, Bloomberg News reported. . “If Apple has been forced to rethink its retail operations as COVID-19 cases continue to increase across the U.S.

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Reopening Date For Apple Stores In China Still Unclear

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As China continues to grapple with the coronavirus, Apple is at work on plans to reopen its offices and retail stores in the country. We recognize that personal movement and travel restrictions are ongoing and schools are closed in many places, and managers will be working with their teams to offer additional support.

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Apple Earnings Transcend Pandemic Economics

PYMNTS

For a company that doesn’t have a retail location open outside of China or South Korea because of the coronavirus pandemic, Apple acquitted itself nicely in the second quarter. In this difficult environment, our users are depending on Apple products in renewed ways to stay connected, informed, creative and productive.

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