Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Apple Store Fifth Avenue: This May Hurt Store Sales, At Least Temporarily

Page 1 of 2

Apple Store Fifth Avenue: No matter where you live, there is a good chance that you have an Apple Inc. (NASDAQ:AAPL) Store nearby. This is particularly true if you live in or around a densely populated city in the United States.

However, there is one Apple Store that stands out in the crowd. There is one store that attracts people from all over the world, everyday of the week.

Do you know which one it is? You got it: the Apple Store on Fifth Avenue and 59th Street in Manhattan.

Tim CookAs the company’s flagship store, one that is open 24 hours a day, Apple Inc. (NASDAQ:AAPL) knows just how important it is to consumers.

Unfortunately this morning, disaster struck when a small leak suddenly grew bigger. Soon enough, a wave of water poured into the store scaring everybody inside while also putting millions of dollars in product in jeopardy of being ruined.

Errol Rappaport, a customer who was at the Apple Inc. (NASDAQ:AAPL), shared the following information with the New York Post:

“I was down there at 5:45am because I had trouble backing up my computer and everyone started yelling. There was a leak then–boom–the whole thing opened up out of the ceiling. Then everyone started scrambling, moving tables…It didn’t look like there were any electrical issues otherwise they would have evacuated the store.”

Despite the fact that the Big Apple was hit with heavy rain this morning, it is not the first time the store has been in the midst of a storm. However, this time, around 8 a.m., things quickly took a downward spiral.

Immediately following the flood, Apple Inc. (NASDAQ:AAPL) Store workers got to work with the cleanup process, doing their best to remove the water from the store and prevent any damage.

One worker was quoted in the Post as saying:

“It’s because of the construction they did last year on the roof. They didn’t do it right. There are large flat stones up there [that you walk across as you go into the store]. And with the heavy rain this morning, [the water] came through.”

While most of the water was quickly mopped up, there is no word yet on whether or not any of the product sold in the store was damaged. Obviously, this would be a big blow to Apple Inc. (NASDAQ:AAPL)’s flagship store as it receives a good amount of traffic everyday of the week, around the clock.

On the next page, you will find a video of the Apple Store on Fifth Avenue:

Page 1 of 2

Biotech Stock Alert - 20% Guaranteed Return in One Year

Hedge Funds and Insiders Are Piling Into

One of 2015's best hedge funds and two insiders snapped up shares of this medical device stock recently. We believe its transformative and disruptive device will storm the $3+ billion market and help it achieve 500%-1000% gains in 3 years.

Get your FREE REPORT and the details of our 20% return guarantee today.

Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading Comments...

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!