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Apple's AI-powered iPhone 16 has had mixed reviews; its biggest feature is unavailable in China. Chinese smartphone makers like Xiaomi are gaining market share over Apple in the key region.
Apple is banking on its upcoming AI features to boost iPhone sales especially in China, where demand has been lagging. But there’s a problem: ChatGPT — soon to be integrated into Siri — is ...
Apple’s China problems Apple reported a 13% year-on-year drop in its sales in China, one of its most important non-U.S markets, in the quarter ending Dec. 31, 2023, even as global iPhone sales ...
Apple avoided a hit to its share price from DeepSeek, but it has another China-made problem. iPhone sales in the country have fallen again. An 11% slide in sales last quarter is raising concerns ...
Apple Inc. has been the subject of criticism and legal action. This includes its handling labor violations at its outsourced manufacturing hubs in China, its environmental impact of its supply chains, tax and monopoly practices, a lack of diversity and women in leadership in corporate and retail, various labor conditions (mishandling sexual misconduct complaints), and its response to worker ...
Apple is facing ongoing challenges in China due to declining sales, competition from domestic brands, and regulatory hurdles around AI. Apple is still facing headwinds in China. The company's ...
Shipments to China of foreign-branded smartphones, including Apple Inc's iPhone, fell by 47.4% in November from a year earlier, according to data released on Friday from a government-affiliated ...
In 2023, China accounted for $72.56 billion of Apple's $383.3 billion in revenue. The Americas brought in $162.6 billion, while Europe made up $94.3 billion.