Apple shares fall amid reports of China’s increasing iPhone restrictions
1 year, 6 months ago

Apple shares fall amid reports of China’s increasing iPhone restrictions

Al Jazeera  

Reports say China has barred the use of Apple smartphones in central government agencies, leading to a sharp drop in Apple’s shares. Apple shares fell sharply for a second straight session following reports of significant Chinese restrictions on iPhones at government offices and state-backed entities amid growing tensions between China and the United States. Shares of the world’s biggest publicly-traded company were down 2.8 percent at $177.79 in late morning trading on Thursday, after falling 3.6 percent on Wednesday following a Wall Street Journal report that China barred the use of Apple smartphones in central government agencies. “This is textbook Chinese Communist Party behaviour – promote PRC national champions in telecommunications, and slowly squeeze western companies’ market access,” US Representative Mike Gallagher told Reuters.

History of this topic

A test for Apple’s new iPhone: Beating Chinese rivals with home-field edge
3 weeks, 6 days ago
iPhone 16e: Can a budget phone help Apple overtake Huawei in China?
1 month ago
Apple will reportedly collaborate with Alibaba to release ‘censored’ AI in China
1 month ago
Apple will reportedly collaborate with Alibaba to release ‘censored’ AI in China
Trending News
1 month, 1 week ago
Alibaba to partner with Apple on AI features
1 month, 1 week ago
Apple’s AI moment is still a ways off
1 month, 3 weeks ago
Apple’s iPhone sales during the holiday season slipped despite a highly anticipated AI rollout
1 month, 3 weeks ago
Apple’s smartphone sales slump in China as Huawei gains market share
2 months ago
Apple's market share in China declines to 15% as local rivals surge ahead
2 months ago
Apple dethroned as top smartphone seller in China, replaced by Vivo & Huawei
2 months ago
Apple no longer the best selling smartphone brand in China, loses crown to Vivo
2 months ago
China trying to slow Apple's supply chain expansion in India, Vietnam, blocks critical materials & machinery
2 months, 1 week ago
Apple iPhone sales drop 5% globally after AI rollout disappoints, Chinese competition grows
2 months, 1 week ago
Apple's iPhones too expensive for China’s new subsidy scheme, ceiling capped at US$818
2 months, 1 week ago
Apple AI in China: In talks with Tencent, ByteDance to roll out AI features, sources say
3 months ago
AI and semiconductors: China hits out at latest US effort to block Beijing’s access to chip technology
3 months, 3 weeks ago
Apple’s Sales in China Are Stalling. What Will It Sacrifice to Turn Things Around?
4 months, 3 weeks ago
Apple to increase its investment in China, Tim Cook says
5 months ago
Apple breaks out of recent sales slump as it gears up to make its leap into the AI craze
7 months, 3 weeks ago
Sales of iPhone fall to three-year low as Apple’s popularity drops in China
7 months, 3 weeks ago
For Apple’s AI push, China is a missing piece
9 months ago
Apple suffers steepest sales fall in a year amid China iPhone slump
10 months, 2 weeks ago
Apple’s iPhone shipments fall 10% as android rivals rise: What's happening?
11 months, 1 week ago
Apple tumbling in China, iPhone shipments in February fell by about one-third from a year ago
11 months, 3 weeks ago
Apple China iPhone sales plunge 24% as Huawei's popularity surges
1 year ago
Apple's China sales tumble highlights waning clout as local brands gain
1 year, 1 month ago
Apple China sales lag overshadows quarterly profit, revenue beats
1 year, 1 month ago
What breakthrough method have Chinese authorities developed to monitor AirDrop?
1 year, 2 months ago
Big Trouble: iPhone Sales in China Continue To Fall Putting Apple Under Pressure
1 year, 2 months ago
Trouble for Apple: More Chinese government offices and state-backed businesses are banning the iPhone
1 year, 3 months ago
China iPhone sales strong, Apple tells investors as Huawei threat looms
1 year, 4 months ago
Apple’s Christmas spoiled? Doesn’t expect to do well in year-end quarter because of China
1 year, 4 months ago
Apple enforces new check on apps in China as Beijing tightens oversight
1 year, 5 months ago
Apple, China met to discuss Beijing's crackdown on western apps: Report
1 year, 5 months ago
Apple’s App Store may become illegal in China soon after CCP's forces tech cos to submit information
1 year, 5 months ago
Banned or not? Why there is confusion over restrictions on iPhone use in China
1 year, 6 months ago
China says it has not banned purchase, use of iPhones, foreign phone brands
1 year, 6 months ago
China denies reported ban on Apple iPhone purchases and usage
1 year, 6 months ago
Ahead of iPhone 15 launch, Apple copes with China challenge
1 year, 6 months ago
Why is China banning officials and state employees from using iPhones?
1 year, 6 months ago
Some Chinese government employees banned from using Apple devices: Report
1 year, 6 months ago
Ahead of mega Apple event next week, China bans govt officials from using iPhones
1 year, 6 months ago
Apple's ascent toward top rank coincides with an anticipated decade-low in Global Smartphone Shipments
1 year, 7 months ago
iPhone sales slow down: Apple to see sharpest fall in revenue since 2016 as analysts stress on AI to boost growth
1 year, 7 months ago
Apple opens store on China's WeChat platform
1 year, 8 months ago
After social media, Google, China plans to regulate Apple file-sharing services Airdrop, Bluetooth I BUT WHY?
1 year, 9 months ago
Apple ramps up iPhone production in India to $7 billion in strategic shift from China
1 year, 11 months ago
Apple looks beyond ‘iPhone factory’ China as dalliance sours
2 years, 3 months ago
Apple iPhone 14 Pro lead times slowly returning to normal in China
2 years, 3 months ago

Discover Related