38 out of 42 Apple Stores in China have Reopened and Apple has revised instructions on how to clean Apple Devices
The U.S. technology giant has 42 stores in China and 38 of those are open again. Several of those however are still running limited operating hours.
Three stores in Tianjin, a major city in northwest China, and a retail location in Suzhou, a city west of Shanghai, remain closed. An Apple spokesperson declined to comment on the reason for keeping those stores shut when contacted by CNBC.
Just last week, Foxconn told investors that it had already returned to 50% of "seasonal required capacity" and expects to be back to full capacity by the end of the month. For more, read CNBC report 1 for more.
Cleaning Apple Devices
Apple has updated its website with instructions that say it’s OK to use disinfectant wipes to clean your iPhone and other Apple gadgets.
Previously, Apple’s site advised against using cleaning products because they can sometimes damage the special coating on screens that helps prevent fingerprints.
The change comes as more people look to keep their hands and phones free of germs, particularly as the coronavirus spreads around the world.
"Using a 70 percent isopropyl alcohol wipe or Clorox disinfecting wipes, you may gently wipe the hard, nonporous surfaces of your Apple product, such as the display, keyboard, or other exterior surfaces," Apple’s site now says. "Don’t use bleach. Avoid getting moisture in any opening, and don’t submerge your Apple product in any cleaning agents. Don’t use on fabric or leather surfaces." For more, read CNBC report 2 for more.
Lastly, due to President Trump's announcement yesterday that a new economic package would be delivered today, Apple's is poised to open higher today. The current chart below shows that AAPL should open higher at +5.27% or $14.03/share. Check the chart prior to the market opening for the most up-to-date status here.