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Apple CEO calls China 'the most competitive market in the world' as iPhone sales drop
Japan and Asia-Pacific lead revenue decline in the January-March quarter
Apple faces China headwinds amid stiff local competition and slowing iPhone sales © Reuters YIFAN YU, Nikkei staff writerMay 3, 2024 06:17 JSTUpdated on May 3, 2024 07:31 JST | China PALO ALTO, California -- Apple CEO Tim Cook described China as "the most competitive market in the world" as the tech company reported lackluster quarterly results Thursday due to weak demand in the world's second-largest economy and stiff competition from Huawei Technologies. ArrowArtboardCreated with Sketch.ArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
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