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
Federal ministry launches consultation for Nationwide Fiber Network initiative
BY Abiodun Saheed Omodara March 26, 2025 0

In anticipation of the deployment of 90,000 kilometers of fiber optic cables scheduled for the fourt...

READ ALSO
NDPC launches investigation into TikTok, Truecaller data breaches
BY Abiodun Saheed Omodara March 21, 2025 0

Nigeria Data Protection Commission (NDPC) has commenced an investigation into alleged data breaches...

READ ALSO
Transforming Nigeria's Gaming Landscape: GamrLab opens training center in Lagos
BY Abiodun Saheed Omodara March 21, 2025 0

LAGOS, Nigeria - A new center for video game development and esports training established by GamrLab...

READ ALSO
Meta launches Llama grant to empower African startups, researchers
BY Abiodun Saheed Omodara March 20, 2025 0

The social media giant Meta, in partnership with Data Science Africa, has introduced the Llama Impac...

READ ALSO
Bridging Digital Divide: USPF plans 1,000 base stations for underserved communities
BY Abiodun Saheed Omodara March 19, 2025 0

In a bid to enhance connectivity across the nation, particularly in rural regions, the Universal Ser...

READ ALSO
Social media platform to have Physical office as senate pass bill Giants amidst free speech concerns
BY Abiodun Saheed Omodara March 18, 2025 0

ABUJA, Nigeria - The Senate on Tuesday approved for a second reading a Bill that required social med...

READ ALSO
Tech expert advocate AI benefit for career growth, Societal Change
BY Abiodun Saheed Omodara March 16, 2025 0

LAGOS, Nigeria- Specialists in the Information Communication and Technology (ICT) industry with the...

READ ALSO
FG launches digital skills training program to combat unemployment, foster economic growth
BY Abiodun Saheed Omodara March 13, 2025 0

ABUJA, Nigeria -  In an effort to address unemployment and stimulate economic growth, the Feder...

OUR CHANNELS:

Senate set to prioritize Tinubu’s Tax Reform Bills after recess
BY Abiodun Saheed Omodara March 30, 2025 0

The Senate is poised to prioritize the evaluation and approval of President Bola Tinubu’s tax...


NARD advocates for enhanced Medical facilities to retain Doctors amidst migration crisis
BY Abiodun Saheed Omodara March 30, 2025 0

The Nigerian Association of Resident Doctors has announced that its membership has reached 11,899.&n...


FRSC calls for Safe driving practices amid Eid-el-Fitr festivities
BY Abiodun Saheed Omodara March 30, 2025 0

OGUN, Nigeria - The Federal Road Safety Corps (FRSC) in Ogun State has issued a warning to motorists...


Proposed Age Limit Sparks Outcry Among Political Parties
BY Suleiman Jimoh April 1, 2025 0

In a move that has ignited widespread criticism and debate, Nigeria's House of Representatives recen...


Kano's 15th Emir cancels Eid Durbar following security discussions
BY Abiodun Saheed Omodara March 31, 2025 0

KANO, Nigeria - Amid increasing tensions surrounding the Kano Emirate, the 15th Emir of Kano, Aminu...


Wamakko facilitates release of 60 inmates in Sokoto, Promotes non-custodial sentencing
BY Abiodun Saheed Omodara March 31, 2025 0

SOKOTO, Nigeria -  The representative of Sokoto-North senatorial district, Aliyu Wamakko, has a...


Nigeria set to lead in smart mobility with AI speed train initiative
BY Abiodun Saheed Omodara March 31, 2025 0

The Ogun-Guangdong Free Trade Zone (OGFTZ) and China’s Zhongguancun Infogu Asset Management Co...


Sabalenka, Paolini set for Miami semifinal after quarterfinal victories
BY Abiodun Saheed Omodara March 31, 2025 0

World number one Aryna Sabalenka staged a comeback in the second set to secure her place in the semi...


Son Heung-min blames poor pitch conditions for South Korea's World Cup qualifying struggles
BY Abiodun Saheed Omodara March 30, 2025 0

Son Heung-min criticized the poor condition of South Korea's pitches for their struggles in the 2026...


Nigeria gains unexpected edge in 2026 World Cup quest qmid South Africa's player eligibility controversy
BY Abiodun Saheed Omodara March 31, 2025 0

Nigeria's emerging quest for a spot in the 2026 World Cup received an unforeseen advantage over the...


More Articles

Load more...

Menu