Italy

Apple Shuts Down Retail Stores in Italy Due to Coronavirus

Following a similar move when the coronavirus outbreak first hit China, Apple is now closing down all of its retail stores in Italy, as the European country battles the health crisis, reports Bloomberg. According to Apple’s Italian website, notices now read: Following the health precaution measures currently in force, this store will remain closed until...

Apple to Temporarily Close Retail Location in Italy Over COVID-19

Apple is temporarily closing a store in Bergamo, Italy following a government decree regarding the coronavirus outbreak. According to Apple Insider, Apple has updated its regional webpage in Italy to show it is closing Apple Oriocenter in the province of Bergamo on March 7 and 8, a decision made as Italian health officials try to...

Apple Exec Avoids Jail Time In Italy, Settles Irish Tax Probe

An Irish Apple executive has avoided a jail sentence in Italy after the tech giant agreed to pay a settlement of 45,000 euros for unpaid taxes in the European country. A Milan judge accepted a settlement agreement with Apple Sales International, the company’s Irish-based unit, as part of a probe into the allegations that the […]

Apple is Now Worth More Than The Entire Russian Stock Market

Yesterday, Apple (AAPL) shares closed at an all-time high putting the company’s market cap at around $662 billion. According to a report from Bloomberg, Apple is now worth more than the entire Russian stock market. Russia holds the 20th largest major market in the world and was surpassed by the iPhone manufacturer yesterday. “If you...