Tim Cook goes to China to help revive Apple sales, restore iBooks and iTunes online stores
Apple last quarter saw its revenue fall in the world’s second largest economy, its iBooks and iTunes online stores closed, and it lost an iPhone trademark dispute
The CEO of Apple, Tim Cook, was in China on what the media is calling a “charm offensive” in hopes of getting authorities to allow Apple to turn back on its iBooks and iTunes stores in the world’s second largest economy.
“Now we are serving over 300 million users with eight product lines. Every day over 11 million rides are completed on our platform” the company said in a statement. “Meanwhile, our collaboration with Apple enters into a new stage. There are many similar stories like ours. Apple and the App Store are not only the role model of the entire tech world, they are also the grass root platform for aspiring innovators. This is where dreams take off.”
Although Cook was seen visiting an Apple Store in central Beijing, posting selfies on his Weibo pages, the real purpose for the trip has to be smoothing things with Chinese authorities before things get out of hand. The Chinese market has accounted for the lion’s share of growth for Apple in recent years, but this last quarter saw sales revenue in China fall 26 percent in the last quarter. Recently Apple also lost the an iPhone trademark dispute to Xintong Tiandi Technology who makes iPhone cases.