This past week has been a roller coaster ride The Apple company. AAPL, with news ranging from potential production expansion in Indonesia to a new challenge in the Chinese market from Huawei. The tech giant has also faced questions about the profitability of its App Store and concerns about a China-linked espionage campaign. In the midst of all this, we also discovered some original features of the iPhone. Let’s dive into the details.
Apple Eyes production expansion in Indonesia
Apple CEO Tim Cook has hinted at the possibility of expanding the company’s manufacturing base in Indonesia. This follows Cook’s discussions with Indonesian President Joko Widodo, in which the two discussed potential manufacturing opportunities in the country. “We’ve talked about the president’s desire to see manufacturing in the country and that’s something we’ll look at,” Cook said. Read the full article here.
Huawei’s new launch poses a challenge to Apple’s iPhone sales
Chinese technology giant Huawei Technologies Co. has launched its latest smartphone series, the Pura 70, to challenge Apple in the high-end segment of the Chinese market. The new series, with prices ranging from $760 to $1,380 for the Ultra edition, is expected to further impact iPhone sales in China. Read the full article here.
Apple executives are uncertain about the profitability of the App Store
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Phil Schiller, a top Apple executive, admitted in court that he was unsure of the App Store’s profitability. Schiller, who has worked with the App Store since its inception, said Apple does not keep minutes of meetings between senior executives, a practice that dates back to the Steve Jobs era. Read the full article here.
A China-linked spy campaign targets Apple iPhones
The recent increase in security alerts on iPhones may be the result of a China-linked spy campaign, according to a new security report. blue raspberry reported a resurgence of the LightSpy mobile spying campaign, which targets victims in South Asia, including India. Read the full article here.
Apple rejects Epic Games lawsuit
Apple has rejected allegations that it violated a court order related to its App Store and urged a federal judge to dismiss Epic Games’ request for contempt charges. Read the full article here.
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