Apple CEO Tim Cook visits Shanghai amid a slowdown in China iPhone sales

iPhone sales in the first six weeks of 2024 have plunged from a year earlier amid increased competition from local brands such as Huawei.A video attached to the post showed Cook taking a stroll along one of the city's popular tourist districts and having breakfast with Chinese actor and television personality Zheng Kai.Cook often visits China — a vital market and manufacturing base for Apple — to launch products, open factories, and meet with local officials.

The decline in sales was partly due to abnormally high shipments by Apple at the start of 2023 but also increased competition from local brands such as Huawei, according toChina in October following reports that iPhone 15 sales in the country were weaker compared with sales of the earlier model. That trip came a month after reports on employees at China's central government agencies being banned from using iPhones for work. The Chinese Foreign Ministryagreed to pay $490 million to settle a class-action lawsuit alleging that Cook misled investors about a steep downturn in iPhone sales in China back in November 2018, according to a preliminary settlement filed in Oakland, California, federal court.

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