Jump to content
  • Sign Up
×
×
  • Create New...

Apple CEO Tim Cook visits Shanghai amid a slowdown in China iPhone sales


Pelican Press
 Share

Recommended Posts

Apple CEO Tim Cook visits Shanghai amid a slowdown in China iPhone sales

An Apple store in Shanghai, China.

Future Publishing | Future Publishing | Getty Images

Apple CEO Tim Cook is on a visit to Shanghai, according to a post on his

This is the hidden content, please
on Wednesday, ahead of the inauguration of a new retail store and declining iPhone sales in the country.

A video attached to the post showed Cook taking a stroll along one of the city’s popular tourist districts and having breakfast with ******** actor and television personality Zheng Kai.

According to a 

This is the hidden content, please
 on Monday, the new retail store, located in the city’s Jing’an district, will open Thursday. 

Cook often visits China — a vital market and manufacturing base for Apple — to launch products, open factories, and meet with local officials. Earlier this month, Apple also 

This is the hidden content, please
plans to expand its research centers in Shanghai and Shenzhen. 

His latest trip also comes amid reports that iPhone sales in China declined 24% in the first six weeks of 2024 compared with the same ******* a year earlier.

The decline in sales was partly due to abnormally high shipments by Apple at the start of 2023 but also increased competition from local brands such as Huawei, according to analysts.

Last year, Cook visited China in October following reports that iPhone 15 sales in the country were weaker compared with sales of the earlier model. 

That trip came a month after reports on employees at China’s central government agencies being banned from using iPhones for work. The ******** Foreign Ministry denied the reports. 

On Friday, Apple reportedly agreed to pay $490 million to settle a class-action lawsuit alleging that Cook misled investors about a steep downturn in iPhone sales in China back in November 2018, according to a preliminary settlement filed in Oakland, California, federal court. 



This is the hidden content, please

Technology,

This is the hidden content, please
,Breaking News: Technology,business news
#Apple #CEO #Tim #Cook #visits #Shanghai #slowdown #China #iPhone #sales

This is the hidden content, please

Link to comment
Share on other sites


Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

 Share

  • Recently Browsing   0 members

    • No registered users viewing this page.

Important Information

Privacy Notice: We utilize cookies to optimize your browsing experience and analyze website traffic. By consenting, you acknowledge and agree to our Cookie Policy, ensuring your privacy preferences are respected.