china ▪ May 19

tim-cook-china-tour-05

During his trip last week across China, Apple CEO Tim Cook held a meeting at Apple’s China headquarters with several employees in attendance, according to sources with knowledge of the briefing. Cook reportedly reiterated several recent China-focused announcements, including the new forest-focused environmental initiatives and improvements for education, but he also mentioned some new tidbits regarding the upcoming retail launch for the Apple Watch and the rollout of Apple Pay for China…

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china ▪ May 16

Tim-Cook-China-tour-01

Tim Cook has shared photos from his recent trip to China where the Apple CEO spoke to media about upcoming initiatives in the country and visited new Apple retail stores opened in the region. The photos (above and below) were posted to Cook’s new Weibo account. The head Apple exec started posting to the Chinese microblogging site, much like he does on Twitter, earlier this month. expand full story

china ▪ May 15

china ▪ May 14

iphone

UBS has matched the upbeat iPhone forecast made last month by KGI for Q2 (Apple’s fiscal Q3), both analysts estimating sales of 51M – well above the consensus expectation of 45M.

KGI’s Ming-Chi Kuo predicts 51.4M, saying that while he believes iPhone sales have peaked, demand will remain higher than the normal seasonal pattern. UBS forecast 51.1M, noting that Apple’s “continued surge” in China is a key factor, where the premium market remains strong despite reports of the country approaching saturation point in smartphones.

Both analysts have strong track-records, Ming-Chi Kuo being our go-to guy for supply-chain rumors, and UBS producing a graph to show the accuracy of its past predictions (below) …  expand full story

china ▪ May 11

apple-china

Tim Cook, who is in China this week to discuss Apple’s new environmental initiatives, spoke to Chinese media regarding his plans to further expand Apple services in the country. Speaking to news outlet Xinhua, Cook discussed a variety of topics, including his hope to launch Apple Pay in China and get a smartphone in the hand of every resident.

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tim-cook-weibo

With Apple now selling more iPhones in China than in the USA, and much of Apple’s Q2 earnings call focused on the country, it’s no great surprise that Tim Cook has today opened an account on the Chinese equivalent of Twitter known as Weibo. There is, though, a certain amount of irony involved, Weibo being one of the main sources of leaked information on Apple products.

Cook is in Beijing to announce Apple’s new environmental programs in the country, the topic of his first post.

weibo-post

At the time of writing, the verified account already had over 300,000 followers, with almost 50,000 likes on his first post …  expand full story

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