china Stories May 24

AAPL: 153.34

-0.46
Stock Chart

Oppenheimer has written an investment note about Apple’s falling sales in China, entitled Fading ‘Reality Distortion Field.’ It coincides with a Bernstein estimate that iPhone sales in Apple’s second-largest market have dropped by a massive 20% …

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china Stories May 18

AAPL: 152.54

2.29
Stock Chart

Apple is courting controversy in China by announcing that it will take a cut of donations sent to content creators via social media apps in the future …

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china Stories May 5

AAPL: 148.96

2.43
Stock Chart

iPhone shipments fell by 15% year-on-year in China during the first quarter of the year according to Counterpoint Research data. Apple saw its market share in the country fall from 12.3% in Q1 2016 to 10.1% Q1 2017.

The main reason for the fall at a time when smartphone sales in China are still growing was far stronger competition from local brands …

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9to5toys 

china Stories April 26

AAPL: 143.68

-0.85
Stock Chart

china Stories April 19

AAPL: 140.68

-0.52
Stock Chart

Three months after the Chinese government forced Apple to remove the New York Times apps from the Chinese version of the App Store, it seems the government is now unhappy with some of the live streaming apps available. Reuters reports that a government agency plans to ‘summon Apple’ to a meeting to demand restrictions.

Internet regulators in China’s capital plan to summon Apple to urge the American firm to tighten its checks on software applications available in its Apple Store, the official Xinhua News Agency reported on Wednesday.

It also appears that this won’t be the first time government agencies have raised the topic of live streaming apps with Apple …

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china Stories March 22

AAPL: 141.42

1.58
Stock Chart
Taiwanese site (left) versus Chinese site (right)
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Update 2: When asked, CEO Tim Cook reportedly said “We donate to the Global Fund on every iPhone 7 and iPhone 7 Plus we sell in every country in the world,” suggesting Apple is still donating funds from red iPhones sold in China.

Update: Some are suggesting the move may be because recent changes in the law prevent businesses selling products which use a charity branding to help drive sales. If this theory is correct, this could also mean that red iPhones sold in China will not raise money for (RED).

Apple’s announcement of a red iPhone 7/Plus yesterday wasn’t just notable for the introduction of a mid-cycle color option, but also because it represented the company’s greatest ever support for the AIDS-fighting charity (RED).

Tim Cook said yesterday it was in celebration of ten years’ partnership with the charity, and the PRODUCT(RED) branding was prominent on the homepage of its websites around the world – except in China, that is …

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