Tags China

Chinese Fusion Test Creates 90 Million °F for 102 Seconds

Tests at a fusion reactor in China have hit a major milestone. The experiments have created plasma with a temperature of 90 million °F—hotter than the core of our Sun—and sustained the state for over a minute and a half.

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Jamie Condliffe

February 9th

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One Of The World’s Biggest PC Piracy Groups Is Quitting The Game

The last time we heard from Chinese cracking forum 3DM—responsible for illegal cracks of pirated video games—they were being frustrated by Just Cause 3's “Denovo” copy protection. Now they’re walking away from the game entirely.

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February 7th

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Tim Cook holds company-wide Town Hall, talks iPhone dependence, benefits, pipeline & India

In the days following Apple’s record Q1 earnings announcements, Apple CEO Tim Cook and other top Apple executives held a Town Hall meeting at the Infinite Loop headquarters in Cupertino to reveal new announcements and take attendee questions.

Multiple sources in attendance at the event said that Cook as well as newly appointed Chief Operating Officer Jeff Williams each spoke and made announcements and teases related to new employee benefits, future iPad growth, Apple Watch sales, future retail stores in China, Apple Campus 2, and the future product pipeline.

Cook also fielded questions from the audience, attempting to reduce concerns related to the company’s iPhone dependence, discussing porting more Apple services to Android, growth in India, and releasing cheaper iPhones to appease growing markets.

Cook reportedly began his talk by putting Apple’s revenue announcements in context. He said that Apple sold enough iPhones in the holiday quarter (74.8 million units) to cover the populations of New York, London, Beijing, and Shanghai. Cook also called the Apple Watch one of the “hottest” holiday gifts, and he claimed that sales of the device exceeded those of the original iPhone in its first holiday quarter in 2007.

In response to the slowdown in iPad sales, Cook said he expects iPad revenue growth to return by the end of 2016. Cook noted that he is especially bullish on the iPad line, and sources in attendance said that Cook actually read his presentation notes off of an iPad Pro. Apple is preparing to release a new iPad next month. Cook also praised the fourth-generation Apple TV by noting that Apple sold more set-top boxes than ever during the holiday quarter.

Moving on to future products, Cook reportedly said that the new Apple TV and the tvOS sets the stage for a “bright” future for Apple in the living room. Apple has been working on a cable-replacement service, but the latest reports have indicated multiple stalls in the process.

Cook also noted his excitement over future products coming out of the software, services, and hardware divisions, while teasing some “far-off” hardware announcements coming beyond this year. Cook said that Apple is using Apple Music on Android as a way of testing the waters for growing its services division through other platforms, opening up the door for more porting in the future.

He also touched upon the new Cupertino Apple Campus 2, noting that Apple employees will likely first begin moving into the new campus by the end of January 2017. He emphasized how important the new theater will be in giving Apple flexibility to hold larger events on its own campus versus relying on places in San Fransisco or San Jose. Cook reportedly called the new campus a “gift” to the future of Apple employees.

Also on the topic of new Apple employee benefits, Cook said that Apple would soon be announcing a pair of time-off benefits for Apple employees.

First, Apple employees will now be granted up to four weeks of paid leave if they need to take care of an ill family member. Additionally, Apple’s extended maternity and paternity benefits from fall 2014 will now be available in most of Apple’s operating countries outside of the United States. Apple Retail head Angela Ahrendts is said to have added that Apple is working on new solutions for retaining employee talent across the company.

Jeff Williams also spoke briefly on the subject, touching upon Apple’s work in the supply chain. Williams reportedly said that Apple will soon announce that all of its smelted metals for products used across 2015 and beyond are either completely conflict-free or coming from smelting partners that are are amid validation for becoming wholly conflict-free.

Lastly, Cook touched upon questions involving Apple’s dependence on the iPhone and how India and other emerging markets play into the company’s future.

Cook is said to have called the iPhone the “greatest business of the future,” noting that Apple has room to grow the iPhone for decades. He menitoned that 4G LTE networks are not in every emerging market, and this gives Apple the opportunity to push its latest devices to regions like India. Cook called India one of Apple’s most important growth areas for the next decade, noting that Apple is in early preparations to bring its retail stores to the country.

Cook said that he continues to to consider China key to Apple’s future and that the company plans to open up its 40th store in China by the end of the summer. He also noted that Apple believes it does not need to release a cheaper, less feature-packed iPhone to appease growing markets. Instead, he said, Apple’s research indicates that people across these regions are willing to spend more for a better experience.

(Top image: Reuters)


Filed under: AAPL Company, iOS Devices Tagged: Android, Angela Ahrendts, Apple Store, Apple watch, china, India, iPad, iPhone, Jeff Williams, Tim Cook, Town Hall

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Mark Gurman

February 4th

Apple

Mac

Justice Department Says Chinese Cyberespionage Is a ‘National Security Emergency’

Stories of Chinese government organizations hacking American corporations are not new . But in a segment aired on 60 Minutes tonight, business leaders, government officials and security experts paint a picture of a particularly sophisticated attack on the intellectual property of “thousands” of companies.

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Chris Mills

January 18th

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Justice Department Says Chinese Cyberespionage Is a ‘National Security Emergency’

Stories of Chinese government organizations hacking American corporations are not new . But in a segment aired on 60 Minutes tonight, business leaders, government officials and security experts paint a picture of a particularly sophisticated attack on the intellectual property of “thousands” of companies.

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Chris Mills

January 18th

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China Announces Plan to Make First Landing on Dark Side of Moon in 2018

The Chinese state news agency Xinhua has announced that the country’s space agency plans to land a probe on the dark side of the Moon in two years’ time—a feat that would mark a first for mankind.

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Jamie Condliffe

January 15th

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AAPL shares close below $100 for first time in 15 months amid China and ‘peak iPhone’ fears

aapl

Apple shares yesterday closed below $100 for the first time in 15 months, the WSJ noting that the value of the company has dropped by $100B in a little over a month, losing 7% this week alone.

The Cupertino company’s 4.2% drop on the day was greater than the overall market’s slide and the 3% slump in the Nasdaq Composite, which closed down 10% from its May peak. Since early December, Apple has shed $100 billion in market value.

The slide is being attributed to two factors: one (semi-)factual, one speculative …

On the factual side, the Chinese economy has been slowing for some time, with particular concern this week when regulators suspended trading in Chinese shares not just once but twice. The People’s Bank of China had also reduced the value of the Yuan eight days running.

The immediate crisis in China appears to have eased today, markets closing 2% up and the currency rate also rising, but longer-term fears remain.

I describe this as a semi-factual issue in Apple’s case, as nobody knows what impact – if any – this is having on Apple’s sales in the country. It’s perfectly possible for a premium brand to continue to sell well in an overall sluggish economy.

On the speculative side, there have been widespread suggestions from analysts and media alike that Apple is scaling back iPhone orders in the light of reduced demand, many analysts forecasting that Apple may see its first ever drop in iPhone sales in the current quarter.

As we noted earlier this week, Apple’s complex supply chain makes it notoriously difficult to use supplier reports to assess overall iPhone production levels. One analyst recently suggested that even if production has slowed, existing inventory means that won’t necessarily be reflected in reduced sales.

While some investors may be selling, Business Insider notes that none of the analysts tracked by Thomson Reuters advocate doing so, all of them rating AAPL as a hold or a buy. The report does, though, contain the caveat that some have not updated their ratings in the past month, so may do so later.

We won’t know this quarter’s iPhone sales numbers until sometime in April, when Apple reports its earnings for fiscal Q2 (calendar Q1). However, we’ll get a big clue from the forward revenue guidance the company offers on January 26, when Apple reports its holiday quarter earnings.

Photo: Reuters


Filed under: AAPL Company Tagged: AAPL, Apple, china, Chinese yuan, Inc, iPhone, iPhone sales, People's Bank of China

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Ben Lovejoy

January 8th

Apple

Mac

Apple on a roll with retail expansion in China as it announces 30th store, second this month

xiamen

China’s current economic problems – share trading suspended for the second time in a week after stocks fell 7% – doesn’t seem to be impacting Apple’s retail store expansion program in the country. The company has announced the opening of its 30th retail store in China, the second one it is opening this month. Back in 2014, the company set a goal of opening 40 stores in the country by October of this year.

The latest store is in Xiamen, a port city on the Taiwan Strait. Xiamen is home to one of the four Special Economic Zones established by the Chinese government back in the 1980s, to encourage foreign investment and trade.

Unusually, the store opens on a weekday, with Apple’s website showing that it will open at 10am on Thursday 14th January. The store is located in the SM Lifestyle Center at 399 Jiahe Road, in the Siming District of the city. It opens just a few days after the 29th store in Shenyang.


Filed under: AAPL Company Tagged: Apple Inc, Apple Retail Store, Apple Store, china, Xiamen

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Ben Lovejoy

January 7th

Apple

Mac

Apple continues China expansion, as store #29 opens on Saturday in another MixC mall location

shenyang

Apple’s rapid expansion in China continues apace as it works toward its target of 40 retail stores in the country by October of this year. The company is currently opening one Apple Store a month, with #27 in November, #28 in December and now #29 set to open this Saturday in Shenyang. 

Apple is mostly opening its Chinese stores inside major shopping malls, and this will be the sixth to open in a MixC mall.

This will be Apple’s second store in Shenyang, which is a major commercial hub for north-east China. The city has a population of just over eight million, and is noted for trade with Japan, Russia and Korea.

China is also known for counterfeit Apple products, with Dom recently taking an amusing look at some of the knock-offs he found in a recent visit to Shenzhen.


Filed under: AAPL Company Tagged: Apple Retail Store, Apple Store, china, MixC, Shenyang, Shopping mall

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Ben Lovejoy

January 4th

Apple

Mac

Terrifying Photos of Beijing’s Toxic Smog ‘White Christmas’

As you were tearing off the wrapping paper this morning, Beijing was waking up to the worst smog of the year, and a very different kind of white Christmas.

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Chris Mills

December 25th

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