Apple is facing, the iPhone maker is trying not to neglect another uber-important point of their agenda: how to sell more in China.
As we’ve reported, consumers in the world's largest smartphone market have spoken and after the first six weeks of 2024,in China year-over-year. The Cupertino giant experienced a significant 24% drop in iPhone sales in China during the initial six weeks of 2024. This result missed analysts’ estimation by more than $3 billion. The report has scared investors into believing there will be sustained iPhone sales weakness throughout this year, with local smartphone manufacturers like Huawei and vivo becoming increasingly popular in China once more.He arrived in Shanghai on Wednesday, inaugurated Apple's new store by opening its doors and signaling victory with his fingers, welcoming the early customers who had queued up since the day before.
During his visit, Cook engaged with local media and met with representatives from Chinese suppliers, including Wang Chuanfu, the head of BYD, a key component supplier to Apple. Following Shanghai, Cook plans to visit Beijing to participate in the China Development Forum, which connects foreign executives with leading Chinese officials.A discussion is a place, where people can voice their opinion, no matter if it is positive, neutral or negative.
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