Apple has announced that it will open its latest China Apple store just in time for this year’s iPhone 8 release.
The new store will be located in Ningbo, a sub-provincial city in northeast Zhejiang. The space that Apple has picked out is in Tianyi Square, a giant retail area covering a massive 350,000 square meters. Tianyi Square has won awards for its design, which makes it the perfect location for design-fixated Apple.
China has confirmed that it is reviewing a possible antitrust complaint against Apple for allegedly abusing its market position in the country.
The complaint, from 28 Chinese developers, claims Apple charged excessive fees (the company’s usual 30 percent) and also removed apps from its App Store without providing a full explanation.
Apple is expected to make its flagship iPhone even bigger this year, so what do you do if you prefer smaller devices? You could check out the Soyes 7S, a super-cute iPhone 7 Plus clone that has a miniature 2.54-inch display.
Apple hasn’t always had the easiest time in China, and the latest reminder of this is the launch of a new scheme allowing users of Beijing’s transport system to pay through an app — although it’s not available on Apple Pay, or even iOS.
Instead, the service is only available via Android app, with the likely reason for the iOS lockout reportedly being because Apple sticks to its proprietary Apple Pay system, rather than supporting third-party payment apps.
Apple is being sued by 28 developers in China for allegedly breaching antitrust regulations. According to the complaint, Apple charged excessive fees and removed apps from the App Store without a proper explanation.
In the past, Cupertino said its guidelines for allowable apps are consistent across countries. The lawsuit comes as Apple expands its developer relations team in China.
Apple posted its second-highest Q3 earnings ever today, surprising investors with $45.4 billion in revenue powered by strong iPhone, iPad, Mac and services revenues.
CEO Tim Cook sounded pleased during Apple’s earnings call, but he wasn’t just looking back on the past three months. By the end of the call, Cook had analysts hyped for the future and upcoming Apple products.
Here are the five biggest takeaways from the Apple Q3 2017 earnings call.
Apple CEO Tim Cook and CFO Luca Maestri are set to reveal all the details of Apple’s latest earnings in a call with investors today could have a huge impact on the company’s stock price.
The Q3 2017 earnings report isn’t expected to be a record-breaker, but Wall Street analysts will be hanging on to every word that comes out of Cook’s mouth as the next iPhone launch approaches. Most experts agree Apple will meet earnings expectations of $43.5 billion in revenue — the only question is by how much.
Cult of Mac will be right here live-blogging the entire call once it starts at 2 p.m. Pacific. Come join the fun.
Apple will help launch a new data center in the Guizhou province of China to boost iCloud services locally.
A new report claims the company has signed a cooperation agreement with the government to invest $1 billion in the facility, which will be maintained by a third-party.
The iPhone is lagging behind competitors in China. But if Apple notices a sudden uptick in sales, they may have an old friend to thank.
At a tech conference in the Guangdong province of China Tuesday, Apple co-founder Steve Wozniak praised Chinese manufacturers for making smartphones with great functions and affordable prices.
But Woz said the iPhone is still worth the extra money.
An iPhone smuggler has been arrested after attempting to sneak a record 102 handsets into mainland China. The woman, who was traveling from Hong Kong, was also carrying 15 luxury watches for a total 42 pounds of contraband.
Apple is running a massive Apple Pay promotion in China this week, in an attempt to grab a larger chunk of the mobile payments market currently dominated by Alibaba Group and Tencent Holdings.
The promotion runs from tomorrow through July 24, and offers customers who use Apple Pay discounts of up to 50 percent, plus reward points up to 50x those of regular credit cards. The promotion is the biggest one since Apple Pay debuted in China in February 2016.
Apple is setting up a new data center in China, in partnership with local data management firm Guizhou-Cloud Big Data Industry (GCDB), in order to meet new cybersecurity rules.
The new tougher cybersecurity laws were introduced in China last month, requiring cloud services in the country to be operated by Chinese companies.
Apple’s first brick-and-mortar retail store opened in Taiwan over the weekend, and Apple has shared pictures to celebrate the occasion.
The newly opened store is located on the ground floor of Taiwan’s iconic Taipei 101 skyscraper in the Xinyi District. It was the world’s tallest building prior to being overtaken by Dubai’s Burj Khalifa in 2009.
You don’t have to visit a Foxconn factory to see an iPhone built from scratch.
Visit China’s black market and you’ll meet traders with the components, tools, and know-how to build you a working handset for a fraction of the price you would pay Apple. The whole process is complete by the time you’ve finished your coffee.
Tim Cook has shared some details on Apple’s electric car plans, describing self-driving cars as “the mother of all AI projects.”
“We’re focusing on autonomous systems,” Cook said in an interview with Bloomberg Television, which was conducted on June 5, but only published online today. “It’s a core technology that we view as very important … It’s probably one of the most difficult A.I. projects actually to work on.”
Tim Cook hasn’t been shy about proclaiming China Apple’s future biggest market, but right now it’s causing the most problems.
According to analysts at Oppenheimer, Apple’s “Reality Distortion Field” is fading in China, as iPhone sales drop 20 percent. That’s at least twice as bad as any other market.
Apple has risked upsetting customers in China by revealing plans to take a percentage of donations that are sent to content creators on social media, via the “tip” function of local apps like WeChat.
Apple previously told developers to disable the feature, but it has since reconsidered and decided that this represents an opportunity to make some money. Since they are considered in-app purchases, Apple wants to take its usual 30 percent cut of payments.
Apple’s Q2 earnings report for 2017 just barely beat Wall Street’s expectations when the numbers were revealed this afternoon, but there are plenty of reasons to still be optimistic about AAPL.
During the company’s call with investors today, Apple CEO Tim Cook and CFO Luca Maestri discussed some of the struggles the company experienced last quarter, from slumping iPhone sales to economic headwinds in China.
Here are the biggest takeaways:
Apple just posted its earnings for Q2 2017 and while the numbers aren’t as monstrous as last quarter’s, there’s a lot to love in the new report.
With revenues hitting $52.9 billion, Apple returned to growth for the second straight quarter with $11 billion in profit. iPhone sales were down year-over-year, but Apple CEO Tim Cook says demand for the iPhone 7 Plus is still high.
Apple today introduced two new low-cost pricing tiers for macOS and iOS apps sold in Europe. The change comes as price increases came into effect in Tuesday morning’s refresh as a result of exchange rate fluctuations.
Apple is set to reveal its second quarterly earnings report of 2017 next Tuesday, and based on early estimates from analysts, Tim Cook might not have much to boast about.
Wall Street has been in love with Apple stock the last few months, sending it to all-time highs since the last earnings report came out. But with the holiday shopping season over and a lack of new products to boost sales, Apple’s numbers may look a bit flat.
These are the key areas to watch for:
Another alleged iPhone 8 schematic has leaked out of China, providing new details about Apple’s upcoming handset — including the tech behind its wireless charging capability.
The supposed iPhone 8 drawing surfaced on Weibo today. Unlike the last two schematics that leaked, this one includes detailed labeling of each part, revealing a dual-lens camera in the front and wireless charging in the back.
Growth in the smartphone industry isn’t dead yet, according to the latest report from the International Data Corporation which found smartphone shipments grew more than expected last quarter.
IDC predicted shipments would rise 3.6%, but the industry actually saw 4.3% growth in Q1 2017. Unfortunately for Apple, most of the increase in shipments were triggered by a couple of Chinese companies.
Apple CEO Tim Cook had nothing but high praise for Didi Chuxing CEO Jean Liu in an exert he wrote about her for Time magazine.
Liu was named one of Time’s 100 most influential people of 2017. Cook, who sits on Didi’s board, was asked to write about Liu and said that her taxi-hailing startup is changing how people in China connect and commute with its convenience and flexibility.
Apple is taking Earth Day more seriously than ever this year. The company just published a new series of animated videos that go behind the scenes on the company’s goal to create zero waste.
The four new videos highlight the crazy things Apple does to be as environmentally friendly as possible. Each one-minute video focuses on challenges the company already overcame, whether it’s making yak-friendly solar farms in China, building breathable walls for Apple Park or creating fake sweat for iPhone tests.
Watch all four right here: