china Stories March 17

AAPL: 139.99

-0.70
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Shanghai, where one of the new centers will be based
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Apple has revealed that it will be investing more than $500M in research & development in China, as it today announced plans for two more R&D centers in the country.

The new offices will be in Shanghai and Suzhou, and follow those already announced for Beijing and Shenzhen. All four centers are expected to open later this year.

Apple says that there is a compelling reason for the investment …

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china Stories February 2

AAPL: 128.53

-0.22
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Apple is looking in pretty good shape this week. After posting a record quarter, IDC reported that the iPhone overtook Samsung during the holiday quarter and Strategy Analytics estimated that the Apple Watch – which also saw record (if unspecified) sales – also took 63% of the smartwatch market.

It wasn’t all good news, however. Alongside a continued slump in iPad sales, the company also reported a 12% fall in sales in China. This contrasted with 14% growth a year earlier. Apple explained one of the reasons for this during the earnings call, but it wasn’t the only one, as the WSJ noted …

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china Stories January 6

AAPL: 117.91

1.30
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There seems to be no limits to what artists are able to create with Apple’s products. From Disney animators sketching classic characters, to an illustrator using an iPad Pro to design the New Yorker’s latest cover. In today’s latest artistic drive, Apple has partnered with five young Chinese artists to reinvent classic Nianhua folk art.

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china Stories December 7, 2016

AAPL: 111.03

1.08
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Following eight reports of iPhone 6 fires in China, Apple has responded saying that tests showed that the fires were caused by ‘external factors’ rather than any issue with the phones themselves.

The BBC reports that Apple had carried out an investigation into each fire.

Eight users have complained to Shanghai’s consumer watchdog that their iPhone 6 series handsets spontaneously combusted or exploded. The US tech giant said it had conducted tests on the devices and had found “no cause for concern with these products” […]

Apple said the iPhones had external physical damage “which led to the thermal event” … 

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china Stories November 14, 2016

AAPL: 105.71

-2.72
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The Chinese government, through the state-run Global Times newspaper, has said that iPhone sales ‘will suffer’ if president-elect Trump follows through on his threatened trade war when he takes office. The comment was made in response to Trump’s campaign promise to apply 45% tariffs to Chinese imports.

If Trump imposes a 45 percent tariff on Chinese imports, China-US trade will be paralyzed. China will take a tit-for-tat approach then. A batch of Boeing orders will be replaced by Airbus. US auto and iPhone sales in China will suffer a setback […]

The new president will be condemned for his recklessness, ignorance and incompetence and bear all the consequences.

The Global Times editorial also claimed that Trump would not in any case have the authority needed to apply the 45% tariff …

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china Stories October 21, 2016

AAPL: 116.60

-0.46
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There have been predictions for years that China would eventually be a larger market for Apple than the USA. The weak Chinese economy means that it hasn’t yet happened in hardware, but the latest App Annie data says that it’s already got there on the software side.

The highlight of this report is certainly China overtaking the U.S to become the largest market in the world for iOS App Store revenue — earning over $1.7 billion in Q3 2016. We predicted in Q1 that China’s rapid iOS revenue growth would drive it right past the U.S well before year’s end — China is now leading the U.S by over 15%.

The rapid growth in Chinese spending – a 500% increase in two years – is in line with earlier predictions. The stats also illustrate the importance of games in driving App Store sales …

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