Hints and tips:
...“store within a store” partnerships with big box retailers across the country....
...Encrypted messaging tools WhatsApp and Signal are not allowed in China’s App Store, for instance, nor are The New York Times or some social media apps....
...Asset Management, which manages $5.3bn, asks Apple’s board to step up its oversight of how management has handled unionising campaigns, months after the first Apple unions were formed at two US retail stores...
...The menswear runways are full of them, celebrities are wearing them on the red carpet, and stores are placing them at the heart of their spring/summer 2024 offerings....
...His clothing label A-Cold-Wall*, established in 2014, has standalone stores in China and a fleet of collaborations with names including Eastpak, Nike and Converse....
...Outerwear, the top performing Burberry category alongside scarves at British department store Harrods, was a highlight....
...He called India, where Apple opened its first two flagship stores earlier this year, “a huge opportunity for us”, noting that Apple has “a very, very modest and low share in the smartphone market”....
...The tech group’s ownership of the hardware, operating system and App Store, however, provides it with the mechanism to target its 1bn users in ways that are beyond its rivals....
...Apple’s App Store for mobile devices, launched in 2008, generated $30mn in sales in the first month....
...The discount clothing chains TJX and Ross Stores reported strong same-store sales and good margin performance in the third quarter. Their consumer is just fine....
...Everything worked, like the product was ready to hit the stores. I was really impressed.” Jeronimo added that after 20 minutes, he was ready to take it off....
...Apple has also made a big push into India, where it recently opened its first two stores and Cook met the country’s prime minister....
...Chief executive Tim Cook met with Prime Minister Narendra Modi in April as it opened the company’s first two Apple stores in the country....
...The services division that houses Apple’s financing programme includes iCloud storage, warranties and App Store purchases....
...Its services division alone, where it earns recurring subscriber revenues and App Store payments, generated $55bn in profit last year — higher than JPMorgan and Citi combined....
...“The intelligent thing to do, long term, is to get as much adoption of Tesla as possible,” said Ross Gerber, a longtime Tesla bull at Gerber Kawasaki, a wealth management group....
...The NLRB has previously sided against Apple twice, finding merit against complaints that the company had suppressed unionisation attempts at its retail stores in Atlanta and New York....
...He called the market “hugely exciting” and “a major focus”, and confirmed plans to soon open the first Apple Stores in the country....
...Musk added in another tweet: “Apple has also threatened to withhold Twitter from its App Store, but won’t tell us why.”...
...In a tweet on Wednesday, Musk said that “Tim was clear that Apple never considered” potentially removing Twitter from the App Store, describing it as a “misunderstanding.”...
...One Apple store in Beijing’s main shopping district had to cut hours last week because all its workers were sick....
...It gave the tech giant two months to allow consumers to pay outside the App Store....
...These “spectacularly significant” investments meant that by 2012, Apple’s machinery in China had become more valuable than all of Apple’s buildings and retail stores put together, according to Horace Dediu...
...Revenue in its services division, which includes App Store purchases and is Apple’s biggest driver of growth in recent years, fell short of forecasts, rising just 5 per cent to $19.2bn....
...s=20 As Patrick McGee over at mainFT has reported, Cook has embedded Apple ever deeper in China over the past 20 years....
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