In November, the Wall Street Journal reported that Chinese smartphone maker Xiaomi had earned $556 million based on "internal documents." Reuters is now reporting that the company actually earned an order of magnitude less, based on the firm's public filings.
Apple's final quarter of 2014 is expected to set dramatic new records in iPhone sales and overall profits, but external issues out of the company's control will also play a part, ranging from cheaper oil to declining foreign currencies.
With Silicon Valley still at odds with the Chinese government, executives from Apple, Facebook, and Amazon played host to Lu Wei, the chairman of China's State Internet Information Office, during the Asian politician's recent trip to the U.S.
Analyst Alex Gauna of JMP Securities has raised his price target for Apple from $135 to $150, predicting an "explosive" quarter for the company based on "exceptionally strong" demand seen in both China and the United States.
Tim Cook's tour of China continues with another interview with local media, this time with the Apple CEO telling users in the country that he had "very open" discussions on privacy and security with the Chinese government, following a series of attacks in the country targeting Apple users.
Apple Chief Executive Tim Cook has reportedly traveled to Beijing to meet with the vice premier of China to discuss protecting user data, a meeting prompted by recent hacks targeting iCloud users in the country.
Hackers have reportedly begun targeting iCloud users in mainland China, utilizing a so-called "man-in-the-middle" approach in an attempt to steal user information, with one group accusing the Chinese government itself of perpetrating the attack.
News outlets in mainland China are reporting that initial reservations for Apple's new iPhone 6 and 6 Plus models across retailers and the nation's three mobile carriers have reached the two million mark.
Reports from the People's Republic of China indicate that Apple is preparing to introduce iPhone 6 and iPhone 6 Plus on October 10, following final approval from the Ministry of Industry and Information Technology.
The Chinese government reportedly signaled on Tuesday that Apple's iPhone 6 and iPhone 6 Plus will soon be granted regulatory approval, potentially putting to a stop the massive — and unique — smuggling efforts currently underway to satisfy demand.
Following the somewhat surprising news that Apple's next-generation iPhones would not launch in China — now one of the company's most important markets — on the same day as their global release, a report from the Asian nation's state-run media confirms that the devices are still awaiting regulatory approval.
Though the Apple Pay system will debut initially in the U.S. alone in October, Apple reportedly has plans in place to begin expand its mobile wallet service internationally to China through partner China UnionPay Co.
The official website of the city of Fuzhou, in the People's Republic of China, on Thursday posted a now-retracted statement saying that Apple had completed the transfer of iCloud data to a Jiangxi Province datacenter owned by China Telecom. Apple on Friday then confirmed that it is in fact using China Telecom data centers to store iCloud user data locally.
Countering a rumor that claimed China recently banned state agencies from purchasing Apple products, a report on Thursday says the company was simply not included on a list of energy-efficient devices that some government bodies look to for appropriating new equipment.
New procurement regulations handed down last month by the Chinese central government will prevent both national and local agencies from considering future purchases of some Apple products with public funds, a Wednesday report said.
At least one device from upstart Chinese smartphone maker Xiaomi has been found to transmit user data — including SMS messages and photos — back to servers in mainland China without the user's permission, according to reports from Hong Kong.
Chinese smartphone maker Xiaomi — known for its disruptive high-spec, low-cost Android handsets — appears ready to make a move upmarket with the launch of an all-metal device after inviting members of the media to an event with invitations stamped from steel.
Sales growth for Apple's Mac platform has outpaced the PC market for the 31st time in the past 32 quarters, keeping the trend alive. But surprisingly, Apple's premium-priced computers were actually driven by growth in emerging markets last quarter, new data shows.
Apple's website in China has published a detailed response to accusations by the country's state owned media, refuting claims that iOS tracks users' locations in a firm but politely worded statement.
A Friday afternoon report from China Central Television, the Asian nation's dominant state-run broadcaster, said the location tracking features found in Apple's iOS are a "national security concern" and worried that they could be used to expose Chinese state secrets.
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Daniel Eran Dilger
Sam Oliver
Neil Hughes
AppleInsider Staff
