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Topic: China

Tension over Trump's tariff tweet torpedoes $30B of Apple market cap

05/06/2019, 07:05 am

After President Donald Trump used Twitter to threaten a dramatic escalation of America's trade war with China, stocks tumbled in early trading. Apple was hit particularly hard, with shares dropping by more than 3%.

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Cook says Apple's China performance on the rise, trade war less of a threat

04/30/2019, 05:04 pm

Apple CEO Tim Cook sounded a positive note on China in announcing the company's March-quarter results, saying sales there are looking better.

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Notes of interest from Apple's Q2 2019 earnings report and conference call

04/30/2019, 04:04 pm

Following the publication of its second fiscal quarter of 2019 results, encompassing January through March, Apple provided additional detail surrounding the continuing situation in China, as well as more information about the Services business in an earnings conference call.

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Chinese iPhone sales may have seen 'worst decline in two years'

04/30/2019, 03:04 pm

Suggesting Apple won't recover in the country anytime soon, the company reportedly saw its worst decline in Chinese iPhone shipments of the past two years during the March quarter.

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Skeptical investors undervaluing Apple's services, Morgan Stanley raises AAPL to $234

04/24/2019, 11:04 am

Investors consistently undervalue Apple's Services, and iPhone sales are strong, which has led Morgan Stanley to raise the target price for Apple stock to $234.

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Goldman Sachs raises AAPL target to $182 citing stabilizing Chinese demand

04/24/2019, 08:04 am

Analysts at Goldman Sachs have improved their view of Apple's share, raising the stock's 12-month target price from $140 to $182 under the belief demand in China is no longer an issue, at the same time as anticipating Apple will beat its guidance for the upcoming financial results.

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Editorial: Super Frenemies - why the world is better off with both Apple and Samsung

04/23/2019, 07:04 am

Apple and Samsung are often depicted as cutthroat enemies, but it's also no secret they are also their own largest customers, unquestionably dependent upon the success of each other's business. Could that change, and would the world be better off with just a single, giant, more vertical phone maker?

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New Apple retail head Deirdre O'Brien joins Instagram, shares pics from trip to Hong Kong & Macau

04/18/2019, 06:04 pm

In a rare move for an Apple executive, new retail head Deirdre O'Brien has joined Instagram, inaugurating her account with a handful of photos from a worldwide business tour.

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Foxconn chairman Terry Gou declares run for presidency of Taiwan

04/17/2019, 08:04 am

Foxconn's chairman, Terry Gou, said on Wednesday that he's running to become President of Taiwan, a move that could trigger political and economic waves including at Apple.

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iPhone gaining US marketshare, slipping in China & Europe, say March-quarter numbers

04/16/2019, 08:04 am

While Apple's iPhone is increasingly ubiquitous in the U.S., the product's share is declining in urban China and the five major European markets, according to new research estimates.

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US lawmakers attack Apple for song takedowns in Chinese government censorship effort

04/12/2019, 02:04 pm

Apple's decision to pull songs from its Apple Music service in China by pro-democracy musicians has come under fire from US lawmakers, suggesting Apple should not be taking part in what amounts to censorship by the Chinese government.

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China iPhone sales stabilizing ahead of quarterly results, gaining on Huawei

04/12/2019, 01:04 pm

Apple's fortunes in China are slowly turning around, suggests Morgan Stanley, with a continuation of share growth for the iPhone user base in March taken as an indicator of better than expected results heading into Apple's upcoming quarterly financial results.

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Feds bust $900,000 iPhone repair & return scam in Oregon

04/04/2019, 08:04 am

Two engineering students in Oregon are accused of bringing thousands of counterfeit iPhones to Apple and having them replaced with real ones that they then shipped to China for sale.

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Editorial: Why Apple isn't 'slashing prices' in China

04/03/2019, 03:04 am

"Apple slashes prices in China" was the dramatic headline shared by outlets this week ranging from CNBC to VentureBeat. That's not actually true, so why is it being reported?

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Apple lowers prices of iPhones and iPads in China following tax cut

04/01/2019, 10:04 am

Apple has reduced the price of its products in China once again, cutting the price of the iPhone, iPad, AirPods, and other items in the market as the company attempts to resuscitate its disappointing sales figures in the highly-prized region from the last quarter's financial results.

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Macs sold in China no longer able to display Taiwanese flag

03/29/2019, 01:03 pm

Following Monday's release of macOS 10.14.4, Macs sold in China are reportedly no longer displaying the Taiwanese flag emoji -- though it's apparently easy to rectify the issue.

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Samsung warns of revenue shortfall due to 'weakening overall demand' for smartphones & components

03/26/2019, 09:03 am

Chief Apple rival Samsung Electronics on Tuesday warned investors that it would report disappointing results for the March quarter, foremost blaming "weakening overall demand."

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Apple's Tim Cook tours China, meets with Vice Premier ahead of March 25 event

03/22/2019, 12:03 pm

Apple CEO Tim Cook visited Beijing this week, touring businesses and local landmarks, as well as meeting with China's Vice Premier Sun Chunlan.

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AppleCare+ for Mac reaches China, Spain, Taiwan & other new regions

03/20/2019, 03:03 pm

Mac buyers can now get AppleCare+ coverage in several more markets, two of the biggest additions being Spain and China.

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Chinese iPhone demand 'recovering' as supply chain stabilizes, analyst says

03/14/2019, 05:03 pm

Chinese iPhone demand is "recovering" thanks to price cuts, Morgan Stanley analyst Katy Huberty said on Thursday, conflicting with the views of some other analysts.

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