Apple’s iPhone 16 already selling at a discount in China, as AI delay cools demand

Apple’s iPhone 16 already selling at a discount in China, as AI delay cools demand

Online retailers in China have slashed the prices of Apple’s new iPhone 16 series ahead of its official release, as consumers in the world’s largest smartphone market hold out for the release of the US company’s first on-device artificial intelligence (AI) software. PDD Holdings’ Pinduoduo, one of the country’s most popular e-commerce platforms, has started … Read more

Apple revenue tops estimates even as China sales remain slow

Apple revenue tops estimates even as China sales remain slow

Apple marked a return to revenue growth last quarter, lifted by the long-awaited arrival of new iPads, even as sales remained sluggish in China. Sales rose 5 per cent to US$85.8 billion in the fiscal third quarter, which ended June 29, the iPhone maker said in a statement Thursday. Analysts had predicted US$84.5 billion on … Read more

Foxconn factories in China on hiring spree ahead of Apple’s AI-compatible iPhone 16 launch

Foxconn factories in China on hiring spree ahead of Apple’s AI-compatible iPhone 16 launch

Contract electronics manufacturer Foxconn is ramping up hiring in the world’s biggest iPhone plant in Zhengzhou, capital of central Henan province, as Apple gears up for the launch of its next-generation handset this autumn. The iPhone assembler, also known as Hon Hai Precision Industry, is offering a 25 yuan (US$3.44) hourly rate and a bonus … Read more

Apple limiting AI to priciest iPhones generates less excitement in China

Apple limiting AI to priciest iPhones generates less excitement in China

The US tech giant on Monday unveiled its long-awaited AI blueprint during its annual Worldwide Developers Conference, charting out plans to bake a range of related functions into iPhones, iPads and Mac computers. The new functionality includes text generation, photo editing and call transcription. The company has also teamed with Microsoft-backed OpenAI to use ChatGPT … Read more

Elon Musk warns that he will ban Apple devices if OpenAI is integrated at operating system level

Elon Musk warns that he will ban Apple devices if OpenAI is integrated at operating system level

Billionaire Elon Musk said on Monday he would ban Apple devices at his companies if the iPhone maker integrates OpenAI at the operating system level. “That is an unacceptable security violation,” Musk, who is the CEO of electric-vehicle maker Tesla and rocket maker SpaceX and owner of social media company X, said in a post … Read more

Apple still leads high-end smartphone sales in China, but Huawei and Honor are catching up

Apple still leads high-end smartphone sales in China, but Huawei and Honor are catching up

Apple’s dominance in China’s high-end smartphone market is being challenged by local rivals, including US-sanctioned Huawei Technologies, according to new data from industry consultancy IDC. While smartphone shipments in China rose 6.5 per cent to 69.3 million devices in the first quarter, Apple shipped 10.8 million iPhones, down from 14.7 million in the fourth quarter … Read more