Cook points to 'fiscal stimulus' after Apple suffers steepest China sales decline in a year

• 

  Apple profits top estimates even as competition dents China iPhone sales

  Silicon Valley group says there are signs rollout of AI features will boost handset demand
  
  Financial Times - 3h
• 

  China stimulus scheme lifted 2024 consumption growth by 1 pct point

  Yahoo News - 6d
• 

  Apple's Smartphone Sales Slump in China as Huawei Gains Market Share

  The U.S. tech giant’s fourth-quarter iPhone sales fell 18% in the world’s largest smartphone market.
  
  The Wall Street Journal - Jan. 21
• 

  China’s Population Declines for 3rd Straight Year

  The fall came despite a slight rise in births last year, the first increase since 2016. State efforts to cajole women to have children have met resistance.
  
  The New York Times - Jan. 17
• 

  China corporate profits set for third year of declines

  Oversupply drives intense competition that is undermining prices and profitability
  
  Financial Times - Jan. 13
• 

  China has ample fiscal space to bolster growth this year

  Yahoo News - Jan. 10

• Apple offers rare iPhone discounts in China as foreign smartphone sales drop

  Apple Inc. has kicked off the new year with iPhone discounts in China, underlining the challenges facing the tech giant in one of the world’s most populous countries.
  
  MarketWatch - Jan. 3

• Foreign phone sales plunge 47% in China, spelling trouble for Apple

  Apple is under pressure in China as a result of rising competition from domestic brands, in particular Huawei.
  
  CNBC - Jan. 3
• 

  Tesla Saw Its First Annual Sales Decline in a Dozen Years

  Tesla saw a 1.1 percent decrease from 2023 sales.
  
  Inc. - Jan. 2

More from CNBC

• Trump lashes out at Biden, DEI efforts after D.C. plane crash

  President Donald Trump, without offering evidence, said the collision between an American Airlines jet and an Army helicopter "could have been" due to DEI.
  
  CNBC - 6h

• Deadly American Airlines-helicopter collision highlights concerns with crowded U.S. airspace

  Airline executives have pushed the government to modernize air traffic control and alleviate congestion in some of the busiest air corridors in the U.S.
  
  CNBC - 6h

• Intel issues weak forecast, but beats on fourth-quarter results

  Intel said seasonality, competition and an uncertain economy are resulting in challenges to its business.
  
  CNBC - 2h

• Samsung profit misses estimates, falls sharply from previous quarter as costs rise

  While fourth-quarter revenue and operating profit fell quarter on quarter, annual revenue reached the second-highest on record, Samsung said.
  
  CNBC - 10m

• Instagram tests Reels pause feature as TikTok remains in limbo

  Meta is testing a pause feature with a small group of users on Instagram Reels.
  
  CNBC - 4h

More in Business

• Samsung profit misses estimates, falls sharply from previous quarter as costs rise

  While fourth-quarter revenue and operating profit fell quarter on quarter, annual revenue reached the second-highest on record, Samsung said.
  
  CNBC - 10m

• Intel shows signs of progress in the face of another revenue decline

  The company says some customers may have stocked up on product ahead of tariffs.
  
  MarketWatch - 18m

• Tell Us How Tariffs on Goods From China Will Affect Your Business

  The New York Times wants to talk to business owners about President Trump’s plan to impose additional duties on imports from China.
  
  The New York Times - 18m

• Loretta Ford, ‘Mother’ of the Nurse Practitioner Field, Dies at 104

  She transformed nursing by making it an area of clinical practice and research and recasting nurses as colleagues of doctors, not assistants.
  
  The New York Times - 24m
• 

  How to Dontate to L.A. Wildfire Benefit FireAid

  Those who want to contribute to victims of the wildfires can visit FireAidLA.org.
  
  Inc. - 32m