china October 26

AAPL: 115.28

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Pure Fitness has sent an email to its customers reporting that its branch at 170 Orchard Road in Singapore will be closing at the end of the year to make way for a new Apple Store set to open in late 2016, reports TechInAsia.

Pure and other tenants will be handing back space to make way for the opening of a new Apple store in late 2016.

It made the same statement in a later press release. While this is an unconfirmed report, the location would make sense …  expand full story

china October 22

AAPL: 115.50

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Apple CEO Tim Cook, who is currently visiting China, has told the official Xinhua news agency that nothing has changed Apple’s view of the country.

I know some people are worried about the economy. We’ll continue to invest. China is a superb place to be. Nothing has changed that … 

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An investment note by KGI predicts that Apple will next week report year-on-year iPhone sales up 23.6% to 48.5M, but says that that holiday quarter sales will be down on last year, and that the decline will continue into the first quarter of next year.

KGI says that China is the big factor, included as a launch country this year, and hence contributing to calendar Q3/fiscal Q4 sales, while last year’s China sales fell into the holiday quarter. It estimates that 22M of the iPhones sold last quarter were the new iPhone 6s/Plus. Apple sold 47M iPhones in the previous quarter.

Despite the launch of the iPad Pro next month, both iPad and Mac sales will fall across all three quarters, predicts the report …  expand full story


china October 21

AAPL: 113.76

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Just a few days after CEO Tim Cook joined the Council for Sustainable Urbanization to fight climate change in China, Apple this evening has revealed a handful of new programs in China that promote the use of clean energy. Apple says that the programs will help avoid 20 million metric tons of greenhouse gas pollution in China between now and 2020, which is the equivalent of removing 4 million vehicles from the road for one year.

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china October 19

AAPL: 111.73

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The Paulson Institute today announced that Apple CEO Tim Cook is joining its CEO Council for Sustainable Urbanization, run in conjunction with the China Center for International Economic Exchanges. The Council for Sustainable Urbanization was initially formed nearly a year ago and includes 17 CEOs from various companies around the world.

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Code analytics platform SourceDNA has found hundreds of apps on the App Store that used private APIs to collect private user data, like email addresses and device identifiers, slipping under Apple’s radar in the approval process. The code got into these apps through the inclusion of a mischievous third-party advertising SDK, which secretly stored this data and sent it off to its own servers.

Apple has now verified the SourceDNA report and is removing all of the apps that included the advertising SDK from the store, as using private API calls is a breach of App Review Guidelines. Apple has also patched its approval processes to prevent any more apps that use this technique to make it onto the App Store.

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