Apple has a China problem – we know that. The iPhone maker looks to be hoping that a greater retail presence in the country can help it out. Apple is preparing to open its eighth store in Shanghai this month. The company announced on its website that it would open the site in Jing’an, a … Read more
Updated Dec. 12, 2023 5:57 pm ET Apple is rolling out a new security setting for iPhones following Wall Street Journal reporting about a vulnerability that allowed thieves to break into victims’ devices and upend their lives. The Journal reported on a nationwide spate of thefts where criminals used iPhone owners’ passcodes to change their … Read more
Technology stocks have had a stellar 2023 so far, but the tide may be beginning to turn. Apple has lost $190 billion in market value over the past two days after reports emerged that China is banning government officials using iPhones, and other foreign-branded devices, at work. Another stock market influencer, Nvidia , is also … Read more
The issue has also come up in meetings between US and Indian officials after American companies including Apple, Dell, and HP urged the US government to ask New Delhi to reconsider its policy. Last month, it was a key point of discussion during the trade ministerial meeting between the two countries. With New Delhi set … Read more