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Apple Offers Modest Growth Outlook After iPhone Sales Help Beat Profit Expectations
Apple's iPhone 16 sales boosted the company's quarterly sales beyond Wall Street expectations, the company said on Thursday. However, questions linger about the sustainability of this momentum through the holiday sales period. The company's executives did not give any indication of how the iPhone might fare, including in China, where the company's ...
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Man In China Takes Daughter Home In 2-Seater Plane To Beat New Year Traffic Rush
China is witnessing a huge rush during the annual Lunar New Year holiday, with travellers heading back to their hometowns and families preparing for traditional reunion dinner gatherings.
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1,000 Tourists Stranded In Remote China Village Due To Avalanches
Around 1,000 tourists remain stranded in a remote holiday village after avalanches hit China's northwestern Xinjiang region with metres-high snow and fickle weather impeding evacuation, state TV reported on Tuesday.
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Apple Posts First Quarterly Revenue Drop Since 2016 Amid Weak iPhone Sales During Holiday Season
Apple posted its first quarterly drop in revenue since 2016, after weak iPhone sales during the recent holiday season caused by pandemic-related restrictions on its factories in China. Unlike its peers in technology, Apple hasn’t signaled any intention to resort to mass layoffs, despite the quarterly downturn.
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Apple Could Report Its First Decline in Quarterly Revenue in Nearly 4 Years, Say Analysts
Apple is expected to report its first decline in quarterly revenue in nearly four years after strict COVID-19 curbs in China rapped the economy and related protests upended iPhone production at its biggest supplier Foxconn. Investors will look for details on how Chief Executive Tim Cook is trying to bolster demand in a weak economy that has prompt...
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Lunar New Year Boosts Chinese Tourism As Covid Curbs End
Almost a quarter more domestic Chinese tourism trips have been made during this year's Lunar New Year holiday, while cross-border travel more than doubled in the first six days of the week-long break following the end of strict COVID-19 curbs.
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Millions Head Home For China Holidays Even As Xi Jinping Flags Covid Worry
Tens of millions in China headed to their rural hometowns for Lunar New Year celebrations today, though President Xi Jinping said he was "concerned" about the countryside's ability to weather a Covid surge.
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China Worries About Infecting Elderly As Holiday Travel Spreads Covid
People in China worried on Thursday about spreading COVID-19 to aged relatives as they planned returns to their home towns for holidays that the World Health Organization warns could inflame a raging outbreak.
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'Go All Out': China Prepares For Holiday Season Covid Spread
China put a priority on protecting rural communities from COVID-19 on Friday as millions of city-dwellers planned holidays for the first time in years after Beijing abandoned its stringent system of lockdowns and travel curbs.
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Foxconn Said to Expect iPhone Production at COVID-Hit China Plant to Fully Resume by Early January
Foxconn is said to expect to resume full production at its COVID-hit plant in China by late December to early January. The company's largest iPhone production plant was rocked by worker protests last month, impacting the production of the handsets ahead of the Christmas and Lunar New Year holidays in December and January, respectively.
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iPhone November Shipments to See Further Decline at Foxconn's Plant in China
Foxconn's flagship iPhone plant in China is set to see a further reduction in November shipments after the latest bout of worker unrest this week, a source with direct knowledge of the matter said on Friday, as thousands of employees quit. The world's largest Apple iPhone factory has been grappling with strict COVID-19 restrictions that have fuelle...
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Foxconn Expects Revenue to Fall in Q4 2022, to Adjust iPhone Production to Avoid Impact on Holiday Demand
iPhone assembler Foxconn on Thursday said it would adjust its production to prevent impact on holiday orders. The cost impact of the COVID controls, including offering bonuses to retain workers, will be short term and Foxconn has been working with the government to resume normal production as soon as possible, Foxconn Chairman Liu Young-way said.
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Foxconn Working At Rapid Pace To Restore Vast China Plant
Taiwanese tech giant Foxconn, a principal Apple subcontractor, said Thursday it was working quickly to resume full production at its giant factory in central China before the crucial holiday season.
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Apple Says "Longer Wait Times" For iPhone 14 Pro, Pro Max. Here's Why
Apple warned customers would face longer wait times for iPhones with the holiday season approaching, after Covid restrictions in central China "temporarily impacted" production at the world's largest factory producing the smartphone.
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Bemused Tourists Granted Front Row Seats To China's Latest Fury At Taiwan
The hum of holiday vibes and the selfie-snapping is interrupted by the roar of explosions as projectiles shoot up into the sky, prompting oohs and aahs from the surprised tourists.
-
Apple Offers Modest Growth Outlook After iPhone Sales Help Beat Profit Expectations
Apple's iPhone 16 sales boosted the company's quarterly sales beyond Wall Street expectations, the company said on Thursday. However, questions linger about the sustainability of this momentum through the holiday sales period. The company's executives did not give any indication of how the iPhone might fare, including in China, where the company's ...
-
Man In China Takes Daughter Home In 2-Seater Plane To Beat New Year Traffic Rush
China is witnessing a huge rush during the annual Lunar New Year holiday, with travellers heading back to their hometowns and families preparing for traditional reunion dinner gatherings.
-
1,000 Tourists Stranded In Remote China Village Due To Avalanches
Around 1,000 tourists remain stranded in a remote holiday village after avalanches hit China's northwestern Xinjiang region with metres-high snow and fickle weather impeding evacuation, state TV reported on Tuesday.
-
Apple Posts First Quarterly Revenue Drop Since 2016 Amid Weak iPhone Sales During Holiday Season
Apple posted its first quarterly drop in revenue since 2016, after weak iPhone sales during the recent holiday season caused by pandemic-related restrictions on its factories in China. Unlike its peers in technology, Apple hasn’t signaled any intention to resort to mass layoffs, despite the quarterly downturn.
-
Apple Could Report Its First Decline in Quarterly Revenue in Nearly 4 Years, Say Analysts
Apple is expected to report its first decline in quarterly revenue in nearly four years after strict COVID-19 curbs in China rapped the economy and related protests upended iPhone production at its biggest supplier Foxconn. Investors will look for details on how Chief Executive Tim Cook is trying to bolster demand in a weak economy that has prompt...
-
Lunar New Year Boosts Chinese Tourism As Covid Curbs End
Almost a quarter more domestic Chinese tourism trips have been made during this year's Lunar New Year holiday, while cross-border travel more than doubled in the first six days of the week-long break following the end of strict COVID-19 curbs.
-
Millions Head Home For China Holidays Even As Xi Jinping Flags Covid Worry
Tens of millions in China headed to their rural hometowns for Lunar New Year celebrations today, though President Xi Jinping said he was "concerned" about the countryside's ability to weather a Covid surge.
-
China Worries About Infecting Elderly As Holiday Travel Spreads Covid
People in China worried on Thursday about spreading COVID-19 to aged relatives as they planned returns to their home towns for holidays that the World Health Organization warns could inflame a raging outbreak.
-
'Go All Out': China Prepares For Holiday Season Covid Spread
China put a priority on protecting rural communities from COVID-19 on Friday as millions of city-dwellers planned holidays for the first time in years after Beijing abandoned its stringent system of lockdowns and travel curbs.
-
Foxconn Said to Expect iPhone Production at COVID-Hit China Plant to Fully Resume by Early January
Foxconn is said to expect to resume full production at its COVID-hit plant in China by late December to early January. The company's largest iPhone production plant was rocked by worker protests last month, impacting the production of the handsets ahead of the Christmas and Lunar New Year holidays in December and January, respectively.
-
iPhone November Shipments to See Further Decline at Foxconn's Plant in China
Foxconn's flagship iPhone plant in China is set to see a further reduction in November shipments after the latest bout of worker unrest this week, a source with direct knowledge of the matter said on Friday, as thousands of employees quit. The world's largest Apple iPhone factory has been grappling with strict COVID-19 restrictions that have fuelle...
-
Foxconn Expects Revenue to Fall in Q4 2022, to Adjust iPhone Production to Avoid Impact on Holiday Demand
iPhone assembler Foxconn on Thursday said it would adjust its production to prevent impact on holiday orders. The cost impact of the COVID controls, including offering bonuses to retain workers, will be short term and Foxconn has been working with the government to resume normal production as soon as possible, Foxconn Chairman Liu Young-way said.
-
Foxconn Working At Rapid Pace To Restore Vast China Plant
Taiwanese tech giant Foxconn, a principal Apple subcontractor, said Thursday it was working quickly to resume full production at its giant factory in central China before the crucial holiday season.
-
Apple Says "Longer Wait Times" For iPhone 14 Pro, Pro Max. Here's Why
Apple warned customers would face longer wait times for iPhones with the holiday season approaching, after Covid restrictions in central China "temporarily impacted" production at the world's largest factory producing the smartphone.
-
Bemused Tourists Granted Front Row Seats To China's Latest Fury At Taiwan
The hum of holiday vibes and the selfie-snapping is interrupted by the roar of explosions as projectiles shoot up into the sky, prompting oohs and aahs from the surprised tourists.
