Apple stock plummets and crashes! Cook makes urgent visit to China to plead for help!

Welcome to VOC - Vision of China,In today’s episode, we discuss the challenges faced by Apple Inc. as it grapples with a significant decline in sales of their latest devices. This issue has prompted an urgent visit by Apple CEO Tim Cook to China, where their flagship product, the iPhone, has encountered headwinds in the sprawling Chinese market. Over a short period, prices of the iPhone 15 series have plummeted, with some models experiencing a substantial drop in value, posing a significant threat to Apple’s profitability. Apple’s strategies, including advocating for the ban of Huawei’s 5G technology and shifting assembly facilities to other countries, have raised concerns and resulted in ’sales warnings’ and reprimands from multiple countries and the Chinese government. This has led to a drop in Apple’s stock price and international market value. The video explores Apple’s shift from a focus on technology and user experience to a profit-oriented approach, as well as their decisions regarding product accessories and interfaces. We also discuss how other foreign companies like Boeing and P.G. Biotech Center have faced challenges in the Chinese market. As Apple begins to compromise by adopting the Type-C interface and facing competition from Huawei’s new 5G device, it raises questions about their market standing. The video also highlights the rise of domestic technology and the challenges faced by foreign companies in the Chinese market.