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Topic: China

US & China said nearing end of trade war impacting Apple's bottom line

03/04/2019, 11:03 am

The Trump administration is reportedly nearing a deal that could halt the trade war hurting the U.S. and China, and by extension Apple's iPhone business.

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Foxconn employees endure reduced salaries and benefits in wake of reduced Chinese iPhone demand

03/01/2019, 07:03 am

Foxconn is feeling the pinch from the reduced sales of iPhones in Greater China, with reports of a culling of employee benefits and salaries, as well as mass resignations, coming out of the Apple assembly partner's largest facility used for iPhone production.

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Apple & Alipay launch interest-free $30 per month iPhone deal in China

02/21/2019, 09:02 am

In a sign of how eager it is to revive Chinese iPhone sales, Apple has made a pact with Alipay to let shoppers borrow money interest-free for Apple purchases and pay it back in 24 monthly installments.

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Apple's Chinese price cuts provided only temporary sales improvement

02/19/2019, 08:02 am

Apple's attempts to boost its iPhone sales in China via price cuts offered only a temporary effect, according to Rosenblatt Securities, with post Chinese New Year sales reportedly seeing little in the way of improvement in a depressed smartphone market.

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Huawei cloning Apple parts, rewarding employees for tech theft

02/18/2019, 10:02 am

China's Huawei uses "dubious" tactics to try to reverse engineer technology from Apple and other competitors in the electronics market, a report charged on Monday.

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Apple extends Chinese iPhone XS & XR trade-up offers through March 25

02/15/2019, 02:02 pm

Apple is extending a Chinese promo in which shoppers get better credit for old iPhones put towards the cost of an iPhone XS or XR.

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No Chinese iPhone rebound seen in January following Apple's harsh December quarter

02/14/2019, 02:02 pm

Actions to revive Chinese iPhone sales aren't having much luck, at least not so far, but the next two months are more important if there is going to be a short-term turnaround in the country.

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Tim Cook optimistic on favorable outcome for Apple in US & China trade talks

02/12/2019, 07:02 am

Trade talks between the United States and China could have a favorable outcome, Apple CEO Tim Cook believes, expressing optimism that the two countries could arrive at an agreement that has the potential to ease tensions that are affecting Apple's sales in the valuable market.

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Apple's weak Chinese iPhone sales blamed directly on high prices

02/11/2019, 10:02 am

Apple's setbacks in the Chinese smartphone market can be directly linked to its decision to push iPhone prices even higher, research firm IDC claimed on Monday.

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Chinese iPhone sales up following price cuts on local shopping sites

02/01/2019, 05:02 pm

Apple is already lowering iPhone prices in China and seeing some return on the tactic, at least according to two online retailers.

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Former Apple advisors claim that iPhones need to be made specifically for China

01/31/2019, 09:01 am

Weaker than expected iPhone sales during the holiday quarter may mean it's time for Apple to design an iPhone exclusively for the Chinese market, according to a discussion with analysts and former Apple executives.

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What analysts are saying in the wake of Apple's holiday quarter financial report

01/30/2019, 01:01 pm

Early analyst reactions are all over the place after Tuesday's results call, in which Apple reported $84.3 billion in revenue for the December quarter, more than it expected in its early-January revision, but less than it predicted for the quarter in November.

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'Dysfunctional' analysts 'cut and run' from Apple results call, says Jim Cramer

01/30/2019, 10:01 am

Apple's December-quarter results call was "dysfunctional," but not from Tim Cook's and Luca Maestri's side because analysts didn't know how to react when they learned that the numbers weren't as bad as feared, according to the host of CNBC's "Mad Money," Jim Cramer.

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Apple's Q1 figures show precipitous 26.7 percent revenue drop in China

01/29/2019, 05:01 pm

Apple on Tuesday detailed what CEO Tim Cook only hinted at earlier this month, acknowledging a 26.7 percent drop in its December-quarter Chinese revenues.

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Apple to lower iPhone pricing in key markets after sluggish December quarter

01/29/2019, 05:01 pm

Following the release of Apple's earnings report on Tuesday, CEO Tim Cook revealed the company is planning price changes for iPhones overseas to goose sales of the device after sluggish sales in China and other regions during the important holiday quarter.

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Apple stock claws back to very nearly where it was before the revenue revision

01/25/2019, 04:01 pm

Apple shares closed at $157.76 on Friday, reclaiming nearly all of the valuation that the company lost following a bombshell guidance downgrade made on Jan. 2.

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Apple in 2019: Will a recession ruin its run?

01/25/2019, 01:01 pm

Apple has faced profound challenges in the past from powerfully entrenched adversaries that once looked like they might derail the company's advancement, including Microsoft, Nokia, Google, Motorola, and Samsung. But today, with no real competitors standing in its way, will Apple's premium-priced trajectory get knocked out of alignment by a recession in China and global aftershocks? Here's a look at Apple's future informed by its recent past.

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Chinese iPhone shipments dipped 3.1M in Q4 2018, full year down 2.5M units

01/24/2019, 07:01 pm

Shedding light on Apple's China woes, Strategy Analytics on Thursday published smartphone shipment estimates for the region covering calendar 2018 that shows a precipitous decline in iPhone unit growth.

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Apple's holiday quarter revenue miss not fully appreciated by Wall Street, says Gene Munster

01/24/2019, 01:01 pm

Wall Street predictions for Apple's future demonstrate that the analysts don't yet have a good handle on the long-term effects of Apple's predicted $5 billion shortfall during the holiday quarter according to long-time Apple analyst Gene Munster.

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Apple in 2019 and the case of the expensive iPhone

01/24/2019, 09:01 am

A glance at the writing that passes for financial news headlines today might make it appear that Apple is entering 2019 with troubled sales, intense new competition emerging in China, and a weakening economy where nobody can afford to buy its expensive products anymore. The solution held up by many pundits is so old that it sounds comfortably soothing: iPhones should be cheaper! But they're wrong, here's why.

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