Apple CEO Cook inaugurates store in Shanghai amid falling iPhone sales

Apple CEO Tim Cook opened Apple’s new store in Shanghai drawing a large crowd on Thursday, with some people queuing overnight, according to posts on Chinese social media.

Cook arrived in Shanghai on Wednesday, he said on his personal Weibo account.

Local media also reported him meeting with Apple’s Chinese suppliers including Wang Chuanfu, founder and president of BYD, whose electronics arm supplies components to the U.S. firm. Apple is battling falling iPhone sales in China and rising competition from domestic rivals such as Huawei.

Read more

You may also like

Comments are closed.