Apple CEO in China ahead of Shanghai store opening / Photo: ANGELA WEISS - AFP
-
Niraj Kumar earns Los Angeles Olympic quota with 50m rifle bronze
-
Delhi gold loses Rs 800 while silver falls Rs 5,000
-
India extends micro-credit guarantee plan for five years
-
Madlanga Commission Deadline Extended to 2027 Amid Calls for Structural Justice Reform
-
Pradeep Antony, Smeha Manimegalai portray secret spouses in Mr & Mrs Office
-
Zelenskyy arrives in Dublin for meetings on Ukraine and peace efforts
-
Woman barred from every Greggs outlet after series of offences
-
Jury hears social-media image helped identify teen in Scarlett Faulkner case
-
Ketchup packets link suspect to break-in at Eddie Rocket’s restaurant
-
American Airlines passenger falls ill and vomits on three travellers
-
US Inflation Broadens as Fed Officials Consider Faster Rate Hikes
-
Spain's General Strike Links Housing Crisis to Lost Purchasing Power
-
Euro-Area Inflation Reaches 4% as Energy Prices Jump
-
China's Factory Inflation Accelerates While Consumer Demand Stays Weak
-
US Adds 165,000 Jobs as Unemployment Falls to 4.1%
-
Bank of England Raises Interest Rate to 4% as Energy Risks Intensify
-
Energy Costs Push OECD Inflation Up to 4.5%
-
OPEC Says Oil Output Is Near Prewar Levels Despite Shipping Disruptions
-
China's Trade Surplus Passes $1 Trillion as Technology Exports Surge
-
China's Singles' Day Exposes Persistent Consumer Caution
-
Irish police prepare for further hoax bomb threats after hundreds of schools targeted
-
Korea, Singapore and New Zealand Advance Green Trade Pact Talks
-
RBA Inflation Target Origins: Why Australia Chose a Range Over Zero
-
Ireland and Ukraine consider drone cooperation memorandum after Dublin talks
-
Sister recounts fatal machete attack as Irish murder trial continues
-
Georgia refrigeration company sues EPA after five-year HFC reprieve
-
HoloCoder technology promises brighter smartphone images and 3D depth data
-
EU proposes broad consumer safeguards for apps, subscriptions and ticketing
-
Early Black Friday Walking Pad Deals: Urevo and WalkingPad Discounts
-
Nvidia faces scrutiny over alleged Chinese intelligence link to Jensen Huang
-
Radical Numerics develops offline AI tool to detect engineered pathogens
-
Chennai orders inquiry after dogs die at shelter; two veterinarians face action
-
Kiara Advani Reveals Sidharth Malhotra’s Reaction to Toxic Backlash
-
Startup turns Chennai’s history and culture into an interactive world
-
Four firms compete to design Chennai’s model mobility corridors
-
LiveOne (NASDAQ:LVO) Reports H1 Fiscal 2027 Revenue of $37.3M and Audio Division Revenue of $36.3M with Over $7.8M Adjusted EBITDA*
-
West Palm Beach Plastic Surgeon Dr. Thomas Pane Discusses When Liposuction May Be Considered for Lipedema
-
NuRAN Wireless Highlights Recurring Revenue Economics and Growth Potential of Its 5,092-Tower Contracted NaaS Portfolio
-
GameSquare Announces Peaky Blinders Digital Fan Experience, Advancing the Company's IP Monetization Strategy
-
UFC Hall of Famer Michael Bisping Backs Xycota Biosciences' Low-Dose Psilocybin Research on PTSD and Concussion
-
SMX Bridges AI and Industrial Material Science With New Intelligence Platform
-
PodcastOne (NASDAQ:PODC) Reports Record 1H & Q2 Fiscal 2027 Financial Results; 1H Fiscal 2027 Revenue of $31.5M and Adjusted EBITDA* of $2.9M
-
SRH Total Return Fund, Inc. Increases Its Quarterly Distribution By 15% - Sixth Consecutive Annual Increase
-
Ondas Posts Record Q3 2026 Revenue of $167.5 Million on Strong Bookings and Backlog Growth; Raises Full-Year Outlook
-
Bloomia Holdings, Inc. Announces September 30, 2026 Financial Results
-
Greene Concepts Advances Bulk Water and Co-Packing Strategy
-
Amarc and Freeport Successfully Complete 2026 Joy Copper-Gold District Exploration Program
-
Nextech3D.ai to Present at the Small Cap Growth Virtual Investor Conference November 18th at 12:30 p.m. ET
-
Impauer Technologies Unveils Frictionless Gasless Transaction Routing for Pauerone Wallet V2
-
BK Technologies Reports Third Quarter of Fiscal Year 2026 Results
Apple CEO in China ahead of Shanghai store opening
Apple CEO Tim Cook was on a China charm offensive Wednesday ahead of a new flagship Shanghai store opening, weeks after a report suggested the company's sales in the country slumped at the start of 2024.
Cook posted a video compilation on Chinese social media platform Weibo that featured him strolling in Shanghai's Bund area, taking selfies and eating soup dumplings with Chinese actor Zheng Kai.
"I'm always so happy to be back in this remarkable city," he wrote in an accompanying caption in Chinese and English.
Apple will on Thursday open an eighth store in Shanghai, China's most populous city and its financial hub.
Cook's visit comes as worries grow around Apple's market share in the world's second-largest economy.
A recent Counterpoint Research report said iPhone sales in China fell nearly a quarter year-on-year over the first six weeks of 2024.
The report attributed the fall to stiff competition from domestic brands, including tech giant Huawei, but also noted a high base of comparison from the same period in 2023.
But Apple itself said in February that its net sales in Greater China -- including mainland China, Hong Kong, and Taiwan -- declined on-year in the latest quarter.
At the time Cook played down the slowed sales, saying on an earnings call that iPhones remained among the most popular smartphones in China.
"For the past three decades Apple has been innovating and delivering the best products and services for customers in China, and we can't wait to open our newest store (in Shanghai)," Cook said in a Weibo post earlier in March.
T.Ward--AMWN
