Would you like to receive notifications on latest updates of the following headlines?

Apple CEO visits china second time as sales slump

POSTED ON October 22, 2024 •   TECHNOLOGY      BY Abiodun Saheed Omodara
CEO of Apple Tim Cook gives a presentation as Apple holds an event at the Steve Jobs Theater on its campus in Cupertino, California, US September 9, 2024. l Credit: Reuters

Apple Chief Executive Officer, Tim Cook,  was in China for the second time this year, he said on social media on Tuesday, as the US technology giant seeks to shore up slumping sales in a crucial overseas market.

The iPhone maker remains popular among Chinese consumers but has ceded ground to domestic rivals in recent years as the Asian nation faces slowing economic growth and sluggish consumption.

Cook said Tuesday on his official account on social media platform Weibo that he had met with Chinese university students using Apple products to boost sustainable farming practices.

And in another video uploaded to his official page late Monday, Cook accompanied fashion photographer Chen Man on a walk through a historic quarter of the Chinese capital.

"It's great to be back in Beijing," Cook wrote.

Apple reported a $21.4 billion profit in the three months ending in June, on $85.8 billion in revenue over the period. The revenue was a five percent jump from a year ago.

But the iPhone maker's sales in China have come under pressure from homegrown competitors like Huawei in recent years.

The company was only the sixth-biggest smartphone vendor in China in the second quarter, down from the third biggest in the equivalent period last year, according to data by Canalys, a market analysis firm.

Cook last visited China in March, when he opened a new Apple store in Shanghai and attended a forum in Beijing alongside other top executives.

 

READ ALSO
Tinubu Calls on Youth to Harness Digital Media for National Unity and Economic Growth
BY Abiodun Saheed Omodara August 2, 2025 0

President Bola Ahmed Tinubu has urged young Nigerians in the digital media sector to utilize their p...

READ ALSO
Joint US-India Space Mission: NISAR Satellite to Predict Natural Disasters
BY Abiodun Saheed Omodara July 30, 2025 0

A powerful new radar satellite, developed in collaboration between the United States and India, was...

READ ALSO
Meta Cracks Down on Fake Profiles: Over 10 Million Accounts Removed
BY Abiodun Saheed Omodara July 16, 2025 0

Meta, the parent organization of Facebook, has intensified its initiatives to enhance the platform's...

READ ALSO
NCC, REA Forge Partnership to Enhance Rural Connectivity and Energy Solutions
BY Abiodun Saheed Omodara July 3, 2025 0

The Nigerian Communications Commission (NCC) and the Rural Electrification Agency (REA) have officia...

READ ALSO
Microsoft Cuts 4% of Workforce Amid AI Investment Strategy
BY Abiodun Saheed Omodara July 2, 2025 0

Microsoft is set to lay off nearly 4% of its workforce, impacting around 9,000 employees across diff...

READ ALSO
Elon Musk's Robotaxi Ambitions Take Off in Austin amid Controversy
BY Abiodun Saheed Omodara June 22, 2025 0

Tesla is set to start its robotaxi service in Austin on Sunday, a move that supporters of Elon Musk...

READ ALSO
Tanzania,  Nigeria Lead Africa in Rising Fraud Rates- Report
BY Abiodun Saheed Omodara June 19, 2025 0

Tanzania and Nigeria have emerged as the leading countries in Africa for higher fraud rates, accordi...

READ ALSO
OpenAI Secures $200m Contract with US Department of Defense
BY Abiodun Saheed Omodara June 17, 2025 0

The US Department of Defense on Monday awarded OpenAI a $200 million contract to utilize generative...

OUR CHANNELS:

NSA Reports Capture of Top Ansaru Terrorist Leaders
BY Abiodun Saheed Omodara August 17, 2025 0

The National Security Adviser, Nuhu Ribadu, has announced the arrest of two men he identified as lea...


ECOWAS Chairman Bio Calls for Unity in Combating Terrorism and Boosting Trade
BY Abiodun Saheed Omodara August 17, 2025 0

Sierra Leone’s President Julius Maada Bio, who is the chairman of the ECOWAS Authority of Head...


Zelensky to Meet Trump in Washington to Discuss Ending War in Ukraine
BY Abiodun Saheed Omodara August 17, 2025 0

Ukrainian President Volodymyr Zelensky is set to visit Washington on Monday to talk about "putting a...


Trump, Putin's Summit Yields No Progress on Ukraine Ceasefire
BY Abiodun Saheed Omodara August 17, 2025 0

Donald Trump and Vladimir Putin did not achieve any significant progress on Ukraine during their int...


Chelsea aim to overpower Palace, Man United face Arsenal in exciting EPL weekend
BY Abiodun Saheed Omodara August 17, 2025 0

The 2025/26 Premier League season is set to begin this weekend, featuring an exciting series of matc...


Bimpe Akintunde Shares Her Trials and Triumphs in Pregnancy
BY Abiodun Saheed Omodara August 17, 2025 0

Nollywood actress Bimpe Akintunde, also known as Wasila Coded, who gave birth to her second child in...


Tinubu Begins International Tour with Dubai Stopover
BY Abiodun Saheed Omodara August 17, 2025 0

President Bola Tinubu has reached Dubai, United Arab Emirates, for a brief stopover before embarking...


Trump and Putin Aim to Resolve Ukraine Conflict
BY Abiodun Saheed Omodara August 17, 2025 0

United States President Donald Trump and Russian President Vladimir Putin arrived in Anchorage, Alas...


LASG Warn Civil Servant Against Adjusting Birth Records
BY Abiodun Saheed Omodara August 17, 2025 0

The Lagos State Government has closed the window for staff seeking adjustment to the documents tende...


Police Urge Voter Cooperation and Adherence to Electoral Laws ahead Ogun By-Election
BY Abiodun Saheed Omodara August 17, 2025 0

The Ogun police command has announced the deployment of sufficient personnel to maintain strict secu...


More Articles

Load more...

Menu