# retail stores in June due to declining mall conditions.

*business · news · 2026-04-12 · Benzinga*

## Key points

- Apple will close three U.S. retail stores in June due to declining mall conditions.
- Apple's first foldable iPhone is reportedly on track for a September 2026 launch.
- Apple captured a 21% global smartphone market share despite a 6% industry decline in Q1 2026.
- Big tech firms, including Apple, reportedly aim to eliminate the local-first AI agent OpenClaw.

**Companies:** Apple Inc.
**Countries:** United States

[Read the full story on Benzinga](https://www.benzinga.com/markets/tech/26/04/51770420/apple-tv-on-amazon-prime-store-closures-foldable-iphone-and-more-this-week-in-appleverse)

---

Canonical: https://newsio.io/n/d410af67-494f-4d1a-a0b9-33e96a971b3b/retail-stores-in-june-due-to-declining-mall-conditions
Summarized by Newsio from Benzinga. https://newsio.io/how-it-works