Piper Sandler reduces Apple's Q1 2024 earnings estimates, citing weak demand in China
Investment firm Piper Sandler suggests weak iPhone demand in China and economic headwinds will make Apple's December quarter weaker than expected.
Investment firm Piper Sandler suggests weak iPhone demand in China and economic headwinds will make Apple's December quarter weaker than expected.
Chinese authorities say their tax and land use probe into iPhone maker Foxconn is unrelated to forthcoming elections, but then cautions firms over "social responsibilities."
Foxconn founder Terry Gou's rival in the Taiwanese elections says China should "cherish" the iPhone assembler, and not try to pressure the firm during an election.
The next Apple Store in mainland China is set to open within weeks, with the storefront at the MixC Wenzhou mall being teased by a historic local textile printing technique.
Apple iPhone manufacturer Foxconn says it will cooperate fully with investigations into its business by China's tax authorities.
For the second time in 2023, Apple CEO Tim Cook has met with China's commerce minister to discuss US/China relations, and Apple's presence in the country.
Apple has made an incredibly minor update to the iPad, with the tenth-generation model now gaining eSIM support in China.
Apple CEO Tim Cook began an unannounced trip to China with a visit to an Apple Store where gamers were competing in an "Honor of Kings" tournament.
China's iPhone 15 sales are not keeping up with the previous generation, two reports claim, with the latest release not quite keeping up with the iPhone 14 in an important market.
Apple has begun requiring new apps to have a licence from the Chinese government before they can be added to the App Store.
Apple spent millions to add a barcode to iPhone displays in order to save being charged hundreds of millions by manufacturers claiming faulty screens that may not have been.
Apple staff have been in talks with Chinese officials concerning rules that could see Western social media apps removed from the App Store in China.
The Chinese government has published a list of app stores in compliance with its new laws — and Apple is not on it.
The iPhone 15 has gained significant attention and demand in China, exceeding initial expectations and countering previous predictions of potential challenges for the company due to increased competition from Huawei and government restrictions on iPhone usage.
The US government now says that the China government iPhone ban is "aggressive and inappropriate retaliation" despite a statement 12 hours prior by China that there is in fact, no ban.
A week after drama started surrounding a rumored iPhone sales ban in China, the country has now made an official statement denying that there is one in place — but device security may be an issue.
In a milestone for Apple's expansion in the country, a number of iPhone 15 devices sold on launch day will have been made in India.
Wedbush analysts say that concerns over the Chinese government banning staff iPhones is overblown, and the iPhone 15 will instead see a "mini super cycle" from users looking to upgrade.
Morgan Stanley warns investors to stick with Apple despite China rumors making the stock price tumble.
China's foreign ministry has issued a formal yet vague statement about the iPhone ban saga, which may or may not help the situation.
{{ summary }}