Technology
Apple loyalists prove physical stores not needed to drive iPhone sales – iTnews
Blockbuster quarterly results pushes shares up 7 percent.
Apple customer loyalty and response to the COVID-19 pandemic have proven brick-and-mortar stores are not essential to drive sales of its products, JPMorgan said, as the iPhone maker’s blockbuster quarterly results pushed its shares up 7 percent.
The United States’ most valuable company was forced to shut down more than 70 stores again in the third quarter in response to surging COVID-19 cases, but consumers were unfazed with the company topping analysts’ estimates for iPhone sales by US$4 billi…
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