Apple loyalists prove physical stores not needed to drive iPhone sales: J.P. Morgan - Reuters

5:49am PDT - July 31st, 2020    apple stock - Reuters

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, J.P.Morgan said on Friday, as the iPhone maker's blockbuster quarterly results pushed its shares up 7%.