Apple's Tim Cook is on a visit to Shanghai ahead of the opening of a new retail store and distressed iPhone sales in the country.
iPhone sales in the first six weeks of 2024 have plunged from a year earlier amid increased competition from local brands such as Huawei.A video attached to the post showed Cook taking a stroll along one of the city's popular tourist districts and having breakfast with Chinese actor and television personality Zheng Kai.Cook often visits China — a vital market and manufacturing base for Apple — to launch products, open factories, and meet with local officials.
That trip came a month after reports on employees at China's central government agencies being banned from using iPhones for work. The Chinese Foreign Ministryagreed to pay $490 million to settle a class-action lawsuit alleging that Cook misled investors about a steep downturn in iPhone sales in China back in November 2018, according to a preliminary settlement filed in Oakland, California, federal court.
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