Hong Kong: Why Russians with wads of cash flock to Apple stores in this Asian hub
2 months ago

Hong Kong: Why Russians with wads of cash flock to Apple stores in this Asian hub

CNN  

Hong Kong CNN — When the new iPhone 16 went on sale, locals couldn’t help but notice some less familiar faces flocking to Hong Kong’s Apple stores: Russians holding piles of cash. “We want to buy as many as possible,” one Russian buyer, Nick Alexenkov, told CNN outside the Apple store in Tsim Sha Tsui, a busy shopping district in Hong Kong. Apple has “paused” product sales and services in Russia since March 2022 after Russian President Vladimir Putin sent troops and tanks into Ukraine, kicking off Europe’s largest land conflict since World War II. Back in Hong Kong, outside the glitzy IFC Mall in the Central district where Apple set up its first retail store in the city in 2011, four other Russian men were seen trying to buy newly purchased iPhones off Apple’s latest customers.

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History of this topic

Hong Kong: Why Russians with wads of cash flock to Apple stores in this Asian hub
2 months ago

Hong Kong: Why Russians with wads of cash flock to Apple stores in this Asian hub

CNN  

Hong Kong CNN — When the new iPhone 16 went on sale, locals couldn’t help but notice some less familiar faces flocking to Hong Kong’s Apple stores: Russians holding piles of cash. “We want to buy as many as possible,” one Russian buyer, Nick Alexenkov, told CNN outside the Apple store in Tsim Sha Tsui, a busy shopping district in …

iPhone 16 goes on sale around the world: Huge queues form outside Apple Stores in Beijing, Bangkok, and Tokyo - but fans at London's Regent Street breeze straight in
3 months, 3 weeks ago

iPhone 16 goes on sale around the world: Huge queues form outside Apple Stores in Beijing, Bangkok, and Tokyo - but fans at London's Regent Street breeze straight in

Daily Mail  

After months of fevered anticipation, Apple's latest flagship phone, the iPhone 16, finally goes on sale today. In Beijing, customers line Apple's shelves while many more wait in the rain LONDON, ENGLAND: Early photos of London 's Regent's Street store this morning appear to show moderate queues outside, allowing people to breeze straight in iPhone 16, which was revealed at …

Apple China iPhone sales plunge 24% as Huawei's popularity surges
10 months ago

Apple China iPhone sales plunge 24% as Huawei's popularity surges

The Hindu  

Apple's iPhone sales in China fell 24% year-on-year in the first six weeks of 2024, according to research firm Counterpoint, as the U.S. company faced increased competition from domestic rivals such as Huawei. The U.S. tech giant's chief competitor in China in premium smartphones, Huawei, saw unit sales rise by 64% in the period, according to the report. Apple "faced …

Apple opens store on China's WeChat platform
1 year, 6 months ago

Apple opens store on China's WeChat platform

The Hindu  

Tencent's WeChat said on Tuesday that iPhone maker Apple had opened a store on its social media platform, marking an expansion of the U.S. firm's retail channels in the world's second largest economy. The announcement by WeChat, China's dominant messaging app which also provides e-commerce, livestreaming, and payment services, said users would be able to buy Apple products including iPhones, …

Big Beijing Steps In: How Chinese brands are replacing iPhones and Audis in Russia’s sanction-hit economy
1 year, 10 months ago

Big Beijing Steps In: How Chinese brands are replacing iPhones and Audis in Russia’s sanction-hit economy

Firstpost  

The Ukraine invasion saw an exodus of global brands from Russia. Apple’s iPhones and Samsung’s Galaxies were favourites but after the electronic giants left the Russian market a year ago, the popularity of Chinese phones soared. Carmakers including Geely Automobile Holdings Ltd, minivan maker Chery Automobile Co and Great Wall Motor Co, which is known for its affordable Haval brand …

iPhone 14 Pro lose 6 million Apple foxconn biggest factory zhengzhou China covid 19 restrictions
2 years, 1 month ago

iPhone 14 Pro lose 6 million Apple foxconn biggest factory zhengzhou China covid 19 restrictions

ABP News  

The ongoing disruption at Foxconn’s biggest iPhone manufacturing factory in the Zhengzhou district of China is set to cost dearly to Apple. The Zhengzhou Foxconn campus, which normally houses more than 200,000 employees is where the vast majority of iPhone Pro models are assembled has been hit by protests in the wake of strict Covid-19 restrictions and it will cause …

Apple loses top spot in China as smartphone sales slump
2 years, 8 months ago

Apple loses top spot in China as smartphone sales slump

CNN  

Hong Kong CNN Business — Just three months ago, Apple became the top-selling smartphone brand in China for the first time in six years. Smartphone sales in China declined 14% in the first quarter, as volumes fell “close to the levels seen during the severe pandemic-impacted Q1 2020,” Counterpoint Research said in areport on Thursday. A report by Canalys on …

Apple iPhones at Crazy Discounts or Organised Aatmanirbhar iPhone Scam? The Story So Far
3 years, 10 months ago

Apple iPhones at Crazy Discounts or Organised Aatmanirbhar iPhone Scam? The Story So Far

News 18  

The Apple iPhone sale scams aren’t particularly new. Given the attraction quotient and the aspirational factor attached to owning a new generation Apple iPhone, many scammers have often attempted to dupe users by using iPhones as bait, in various ways. The latest in this queue has been alleged to involve self-titled businessman Hitesh Patel, aka Neel Patel, who has been …

Apple sells fewer than 500,000 smartphones in China in February amid coronavirus
4 years, 10 months ago

Apple sells fewer than 500,000 smartphones in China in February amid coronavirus

Firstpost  

In total, mobile phone brands sold a total of 6.34 million devices in February in China, down 54.7 percent compared to that in February 2019. Apple sold fewer than half a million iPhones in China in February, government data showed on Monday, as the coronavirus outbreak halved demand for smartphones. In total, mobile phone brands sold a total of 6.34 …

Apple warns sales to fall short of target due to coronavirus impact; co's manufacturing facilities in China 'ramping up slowly'
4 years, 10 months ago

Apple warns sales to fall short of target due to coronavirus impact; co's manufacturing facilities in China 'ramping up slowly'

Firstpost  

Apple said it will reopen China stores “as steadily and safely as we can,” while global supplies of iPhones will be limited as manufacturers work toward operating plants at full capacity Apple Inc warned on Monday it was unlikely to meet its March quarter sales guidance set just three weeks ago as the world’s most valuable technology firm became one …

Apple is selling again in China, but it won’t dethrone Huawei anytime soon
5 years ago

Apple is selling again in China, but it won’t dethrone Huawei anytime soon

CNN  

Hong Kong CNN Business — Apple saw a huge boost in iPhone sales in China last month, but embattled tech giant Huawei won’t giving up the top spot anytime soon. Most sales by Apple’s Chinese competitors are cheap smartphones — about 90% of Huawei’s handsets sold in China for the 12 months ended in September cost less than$600, according to …

8 numbers that explain why Apple is kowtowing to China
5 years, 2 months ago

8 numbers that explain why Apple is kowtowing to China

Wired  

Justin Sullivan / Staff / WIRED Apple needs to be big in China. “Apple shipped 16 per cent of iPhones to China in the first half of 2019, just after the US’ 35 per cent,” says Mo Jia, research analyst at Canalys. While iPhone sales have been slowing, China is still a hugely important market for the company’s revenue, with …

Apple sales in China drop 27%
5 years, 11 months ago

Apple sales in China drop 27%

China Daily  

By Ma Si | chinadaily.com.cn | Updated: 2019-01-30 13:16 An Apple company logo is seen behind tree branches outside an Apple store in Beijing, December 14, 2018. Apple sales in China dropped 27 percent in the final quarter of 2018, with CEO Tim Cook admitting that higher iPhone prices are a "factor" in the decline. Apple registered shrinking sales revenue …

Apple cuts some iPhone prices to retain edge
5 years, 11 months ago

Apple cuts some iPhone prices to retain edge

China Daily  

By Ma Si | China Daily | Updated: 2019-01-12 07:26 Customers check out products at an Apple store in Shenzhen, Guangdong province. Firm looks to stay ahead of competition by making flagship devices affordable Apple Inc has slashed the price of some its iPhone models by up to about 800 yuan for its channel partners in China after the United …

US media: Chinese phone makers outpace Apple in price and value
6 years ago

US media: Chinese phone makers outpace Apple in price and value

China Daily  

Logos of Apple and Huawei are seen in a shopping mall in Nantong, East China's Jiangsu province, on Jan 2, 2016. However, industry observers said competitive Chinese phone makers are the main reason for Apple's sales slump, according to a New York Times report on Jan 4. Rising Chinese phone makers, such as Huawei, Xiaomi, Oppo and Vivo, are "increasingly …

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