Apple is struggling in China, and many investors expected it. What wasn’t expected is the magnitude of which the technology conglomerate has been unsuccessful in winning over the Chinese market. The decline in iPhone sales in mainland China has also reportedly affected the suppliers of the firm, whose values declined following the open letter of Apple CEO Tim Cook in early January. Analysts believe Apple could revitalize its business in China and in Asia, but it will need a miracle and serious discussions on the pricing of the devices. What Apple’s Core Problems are and How They Can be Addressed The post Why Apple Needs a Miracle to Save its Flailing Business in Mainland China appeared first on CCN
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