Major market: Customers check an iPhone at a store in Beijing. Apple chief executive Tim Cook is one of the few US business heads with a Weibo account. — Reuters
APPLE Inc’s China business kicked off the Year of the Snake inauspiciously.
Revenue dropped 11% during the December quarter and iPhone sales plunged more than 18%. The Trump administration unveiled fresh tariffs on goods from its biggest manufacturing base, and it’s still unclear if the Cupertino, California-based company can get out of them this time around.
