Highsnobiety
Double Tap to Zoom

Alongside Apple’s fiscal second-quarter earnings, CEO Tim Cook announced that the company plans to reopen some select retail stores this month.

Cook made the announcement to Bloomberg, saying that he believes “just a few, not a large number” of stores in the US will re-open in the first half of May. Apple is reportedly “going to look at the data and make a decision city by city, county by county, depending on the circumstances in that particular place.”

In addition to this, the company plans to reopen all its retail stores in Austria and Australia.

Apple released its quarterly financial results on Thursday, looking back at the financial repercussions of the global economic slowdown due to the coronavirus pandemic. According to the report, Apple has $192.8 billion cash on hand, that's down 7.4% from its fiscal first quarter of 2020.

However, at the same time, Apple's revenue has reached an all-time high of $13.3 billion.

We Recommend
  • A Sprawling Creative Campus, Built by Apple Music
  • Apple Has Tech Covered. Next up? Streetwear
  • Onitsuka Tiger’s Red Concept Store Roars Into London With Pop-Up Pub Experience
  • From ASICS to Salomon, Browse This Week’s Best Sneaker Releases
  • Nike's Wildly Wavy "Crocs" Keep Coming with the Heat
What To Read Next
  • The Objectively Beautiful adidas "Birkenstock" Clog
  • Up Close With Pharrell & NIGO's Future-Classic Louis Vuitton Collection (EXCLUSIVE)
  • These Are JW Anderson's Favorite Rusty Watering Cans
  • Nike’s All-New Air Max Is Simpler Than the Rest
  • Sculpting Life Out of Sneaker Death (EXCLUSIVE)
  • The Pharrell-Fueled Clipse Comeback