Friday Apple Rumors: AAPL Closing Galeries Lafayette Watch Store

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Leading the Apple Inc. (NASDAQ:AAPL) rumor mill today is news of an AAPL Watch Store closing. Today, we’ll look at that and other Apple Rumors for Wednesday.

Apple Rumors, Apple Watch, Galeries Lafayette, AAPL
Source: Apple

Apple Watch Store Closing: The AAPL Watch store located in Galeries Lafayette will be closing, reports MacRumors. According to a recent report, the location will close shop in January 2017. The reason the report gives for AAPL closing the location is a lack of interest. The pop up locations has reportedly had trouble selling the smartwatches to high-end customers. It has also been laying off employees over the last few months, which was likely an early sign that it will close its doors.

Expensive Apple Pay Purchase: One person has used AAPL’s payment service to buy a $1 million car, AppleInsider notes. The person bought a 1964 Aston Martin DB5 in auction for roughly $1 million. Coys of Kensington was the auction house handling the transaction and the Vero platform was used to process the payment. The auction house claims that this is the largest transaction ever made via an in-app purchase. The buyer got to see the car in person before buying it at auction.

Massive iPhone Theft: A group of thieves stole 19 iPhone devices from an AAPL Store in Natick, Mass., reports BGR. The theft was conducted by a group of seven thieves that entered the store while wearing hoodies and low hats to hide their identities. The group moved around a table and cut the security tethers from devices before pocketing them. They were able to pull off the entire operation in just over two minutes. The total value of the smartphones that were stolen is close to $13,000.

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Article printed from InvestorPlace Media, https://investorplace.com/2016/10/apple-watch-rumors-galeries-lafayette-aapl/.

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