CHINA BANS IPHONE
Employee says micromanaging boss won't allow coffee at work, keeps changing office clock
An employee’s account of a manager repeatedly changing workplace rules has triggered debate over professional boundaries and excessive supervision. Along with restricting coffee consumption, the boss allegedly keeps resetting the office clock three minutes ahead. Online commenters have urged the worker to document the incidents, stand up to unreasonable demands and explore other employment options.
Rs 12,000 iPhone EMI, Rs 16,500 Mumbai rent: 25-year-old Mumbai founder reveals the real cost of living independently in the city
A 25-year-old Mumbai founder, Jahnvi Shah, has shared her monthly expense breakdown in an Instagram video, revealing regular spending of around Rs 52,000. Her costs include Rs 16,500 for rent, Rs 12,000 for an iPhone EMI, Rs 8,000-Rs 10,000 on groceries and food delivery, up to Rs 6,000 on commuting, and other utility and subscription expenses. She said the amount does not include savings, shopping, travel, eating out or unexpected costs.
Why iPhone is no more the Apple of China's eyes
iPhone's China shipments have been declining for three straight months, as per a report by Bloomberg, with February sales down a staggering 33% compared to last year. This follows a 39% drop in January and a 30% decline in December. According to the report, some analysts predict this downward trend will continue throughout 2024, deepening the 24% decline Apple experienced in 2023.
Huawei is outselling Apple’s new iPhones in China, Jefferies says
Apple's iPhone 15 is selling poorly in China compared to its predecessor, reflecting weak consumption and competition from Huawei. Sales of the iPhone 15 are down 4.5% compared to the iPhone 14 in the first 17 days after release, according to Counterpoint Research. Jefferies analysts estimate that sales are down by a double-digit percentage. This comes as Huawei outsold Apple overall, powered by the successful launch of the Mate 60 Pro.
Apple vs Huawei: a new smartphone battle divides China
The launch of Apple's iPhone 15 in China has received mixed reactions from online users. While many praised its faster chip and gaming capabilities, others preferred Huawei's new smartphone. China is an important market for Apple, although the company has faced scrutiny leading up to the iPhone 15's launch.
China says it has not banned purchase, use of foreign phone brands
"China has not issued laws, regulations or policy documents that prohibit the purchase and use of foreign brand phones such as Apple's," foreign ministry spokesperson Mao Ning told a regular press briefing when asked about the reports.
'Security concerns' detected, but no ban on purchase of Apple or foreign phones, says China
China has in recent weeks widened existing curbs on the use of iPhones by state employees, telling staff at some central government agencies to stop using their Apple mobiles at work, two sources familiar with the matter said.
Apple expected to bow to EU and unveil iPhone with USB-C charger
Apple had long argued that its cable was more secure than USB-C chargers, which are already deployed by Apple on other devices and widely used by rivals including the world's biggest smartphone maker Samsung.
Explained: Why is Apple stock falling ahead of iPhone 15 launch?
Not only had the Chinese government banned its employees from using iPhones, but Chinese smartphone maker Huawei has come out with its advanced handset — the Mate 60.
Apple loses about USD 200 billion in market capitalisation on reports of iPhone restrictions in China
Apple shares fell 3 per cent Thursday and are down more than 5 per cent for the week on reports of an iPhone ban for Chinese state employees that is being dictated by Beijing. The ban was first reported by the Wall Street Journal, which cited unnamed sources saying China is ordering officials at central government agencies not to use iPhones or other foreign branded phones.
Apple suppliers slide on China anxiety, threat from Huawei
Apple shares have tumbled 6.4% over the last two days, wiping $190 billion from its market capitalisation, following news Beijing ordered some central government employees in recent weeks to stop using iPhones at work.
Apple grapples with turmoil in China days before iPhone 15 launch
Apple is facing potential crises in China ahead of the launch of its new iPhone. The company is contending with a growing ban on iPhone use among government workers and facing competition from China's Huawei. The biggest threat to Apple may be Chinese nationalism, which could lead consumers to shun foreign-branded devices. Apple previously experienced weak sales in China in 2019 due to Chinese nationalism and competition from local rivals.
US House panel chair: wider Chinese iPhone ban aims to quash Apple's market access
China in recent weeks has widened curbs on the use of iPhones by state employees, telling staff in at least three ministries and government bodies to stop using their Apple mobile phones at work, Reuters reported on Thursday, following earlier reports by the Wall Street Journal and Bloomberg.
Apple selloff deepens to $200 billion on China iPhone curbs
Shares of the Cupertino, California-based company fell as much as 5.1%, bringing its two-day slump to 6.8%. Apple is the biggest component in major US equity indexes, adding to a broader selloff sparked in part by a litany of woes in China
China may broaden Apple iPhone ban to state firms, agencies
China is reportedly planning to expand its ban on the use of iPhones in sensitive departments to government-backed agencies and state companies. This move poses challenges for Apple in its largest foreign market and global production base, with the shares trading down 2.8% in pre-trade. The ban could erode Apple's position in a market that contributes about a fifth of its revenue.
China moves to widen state employee iPhone curbs
China has in recent weeks widened existing curbs on the use of iPhones by state employees, telling staff at some central government agencies to stop using their Apple mobiles at work, two sources familiar with the matter said.
China bans govt officials from using iPhone for work -WSJ
China has ordered officials at central government agencies to not use Apple's iPhones and other foreign-branded devices for work or bring them into the office. The ban comes ahead of an Apple event next week that analysts believe will be about launching a new line of iPhones, and could trigger concern among foreign companies operating in China as Sino-U.S. tensions escalate.
Apple and Nike brace for China’s wrath after Huawei ban
Blowback from Trump’s Huawei ban could cost Apple about 3% to 5% of its iPhone sales in China over the next 12 to 18 months, according to Dan Ives, an analyst at Wedbush Securities.
Qualcomm to file suits in Chinese courts to ban sales of iPhone XS and XR: Financial Times
The case, brought by Qualcomm, is part of a global patent dispute between the two U.S. companies that includes dozens of lawsuits.
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