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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 is still facing headwinds in China. The company's overall sales in China declined 11.1% during to $18.51 billion during the last three months of 2024, the largest drop in the country since ...
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.
“The worst is now behind Apple in China,” Wedbush analysts wrote. Apple’s overall revenue declined 4.3% to $90.8 billion during the quarter, which is better than analysts expected. Apple ...
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 really needs the iPhone 16 to be a hit in China. The company has seen iPhone sales slide in the country this year. Domestic smartphone makers such as Huawei have been eating their lunch.
BEIJING (Reuters) -Apple was dethroned as China's biggest smartphone seller in 2024, with local rivals Vivo and Huawei overtaking the iPhone maker after its annual shipments in the country ...
Shipments to China of foreign smartphones, including iPhones, dropped by 47.4% year over year in November, highlighting Apple's uphill battle in the country.