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Apple On A Roll As Stock Climbs 80% & Sales Surge – channelnews – ChannelNews

Apple Inc. Chief Executive Officer Tim Cook said that store closures related to the Covid-19 pandemic are weighing on sales of the iPhone and wearable devices more than the iPad and Mac. Cook said the pandemic likely boosted iPad and Mac sales due to lockdown…

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Apple Inc. Chief Executive Officer Tim Cook said that store closures related to the Covid-19 pandemic are weighing on sales of the iPhone and wearable devices more than the iPad and Mac.
Cook said the pandemic likely boosted iPad and Mac sales due to lockdown rules and an increase in remote learning. There is a shift that occurs online, but online doesnt fully make up for the offline loss, he said in an interview with Bloomberg TV.Still, the iPhone did better than what we expected, Cook said. A…

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