china Stories May 16

AAPL: 93.88

3.36
Stock Chart

Apple today has updated GarageBand for Mac and iOS to “celebrate the rich history of Chinese music.” The update for both platforms includes a variety of new sounds and instruments that cater towards the Chinese music industry. The update brings GarageBand for iOS to version 2.1.1 and GarageBand for OS X to version 10.1.2.

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Last month, Apple saw its iBooks and Movies services go offline in China amid review by government regulators and now it looks as if the company’s struggles in the country may not end there. According to a new report from The New York Times, Apple is among a handful of foreign tech companies that the Chinese government is scrutinizing in fear of security threats.

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As reported earlier, Apple CEO Tim Cook is visiting Beijing, China this week. The earlier Reuters report suggested Cook was intending to talk with government officials about company matters amidst increasing tensions between the country and Apple, following trademark disputes and the ban on iTunes Movies and iBooks content.

On Monday, though, Cook met with Chinese app developers at an Apple Store. The talk was hosted by Jean Lui, president of taxi company Didi Chuxing, of which Apple has invested $1 billion dollars. A plethora of Chinese app publishers were in attendance, including a Groupon-esque clone ‘Meituan’,  photo app MeituPic, news provider Toutia.com, cooking app DayDayCook and game developer Tap4Fun (via CNBC).

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china Stories May 6

AAPL: 92.72

-0.52
Stock Chart

Reuters is reporting that Apple CEO Tim Cook will visit China later in May to meet with government officials and address current tensions between Apple and China, seen by many as the main driver of revenue growth for the company going forward.

Apple has faced some significant setbacks in China in the last few weeks. The company has had to stop selling iBooks and iTunes Movies in the region following new governmental policy that restricts online publishing. Apple also ceded exclusive rights to the iPhone trademark after losing a court case, although it plans to appeal.

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china Stories May 4

AAPL: 94.19

-0.99
Stock Chart

Apple has lost the right to the exclusive name of the iPhone trademark in China after the Beijing Municipal High People’s Court ruled against the company. Apple retains the right to the trademark for electronic goods, but a local company that has been using the name for leather goods remains able to do so.

The ruling was reported by Legal Daily, which the BBC says ‘is widely recognised as the official mouthpiece for the country’s Central Political and Legal Affairs Commission.’

The trademark dispute over the iPhone trademark has been a long-running one in the country …

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china Stories April 28

AAPL: 94.83

-2.99
Stock Chart

Apple isn’t the only smartphone manufacturer seeing falling sales. New figures from Strategy Analytics show what the global smartphone market saw its first-ever year-on-year drop on sales, down 3%.

Linda Sui, Director at Strategy Analytics, said, “Global smartphone shipments fell 3 percent annually from 345.0 million units in Q1 2015 to 334.6 million in Q1 2016. It is the first time ever since the modern smartphone market began in 1996 that global shipments have shrunk on an annualized basis. Smartphone growth is slowing due to increasing penetration maturity in major markets like China and consumer caution about the future of the world economy.”

Apple’s fall was of course far more dramatic, iPhone sales down 18% year-on-year, with CEO Tim Cook blaming economic ‘headwinds’ – and Strategy Analytics’ numbers show that strong competition from Chinese brands forms a large part of those …

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