Mike Frazier was quoted by NPR in an article on the reopening of Apple’s stores and their response to the coronavirus pandemic. NPR interviewed Mike Frazier to get our insight and outlook for the stock. Please join me in congratulating Mike!
Apple analyst Mike Frazier said with the economy sluggish and millions of Americans out of work, customers may not be eager to rush to Apple to buy expensive electronics.
“I imagine Apple isn’t the first place people are wanting to go right now,” Frazier said in an interview. “I think it’s going to be a lot of window shopping.”
He said those planning to visit Apple’s stores are going to have to have some expectation adjustments.
“My experience in Apple Stores is it’s nearly impossible to socially distance,” Frazier said. “All you want to do is to see and touch and feel things, and that’s the last thing you’re supposed to do in this environment.”
The full article can be read here.