Apple executive shuffle to emphasize India as a sales region
The head of India at Apple is being promoted, making the country its own sales region, but it won't affect how Apple reports global earnings.
China
Wesley Hilliard
TikTok ban edges closer with bipartisan RESTRICT bill
US Senators hope to provide the Commerce Department the ability to ban TikTok with a carefully worded bill that avoids targeting TikTok directly.
China stalls Softbank deal to hang on to Arm
Ten months after Arm filed to transfer ownership of its Arm China subsidiary to Softbank so it could pull out of the country, Chinese regulators are reportedly delaying the paperwork in order to keep the country's connection to the chip design firm.
William Gallagher
Apple suppliers are in a rush to leave China, says AirPods maker
GoerTek says that it is investing $280 million in a new plant in Vietnam, as US buyers are pressing it — and all suppliers — to leave China.
iPhone leading the charge for China smartphone market recovery
Analysts at UBS report that Apple "materially recovered" in China in December 2022, with iPhone shipments surging 88% since the preceding month.
China iPhone demand may kick-start smartphone market recovery
Market research suggests that China's smartphone market recovery began in January 2023, with iPhone sales up 6% year-over-year — although other sources are less confident.
Apple's India production dream hindered by low yields and a lack of urgency
Apple's push to shift production away from China and into India is a tougher challenge than first thought, with yield issues and a lower sense of urgency reportedly holding back the project.
Malcolm Owen
iPhone 14 discounts in China might not be a bad sign
Apple's iPhone 14 lineup has recently started selling at discounts of over $100 in China, and while some are taking it as a sign of flagging demand, that doesn't seem likely.
Andrew Orr
Apple stock has regained what it lost after earnings - and then some
Apple initially saw its stock price plummet right after Thursday's earnings, but less than 24 hours later it has risen to its highest price in five months.
