Apple CEO Tim Cook holds up a brand new iPhone 15 Pro throughout an Apple occasion on Sept. 12, 2023, in Cupertino, California.
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Apple CEO Tim Cook cheered on players at an occasion throughout a shock go to to China, underscoring the market’s significance to the iPhone large at a time when it faces mounting challenges.
Gamers gathered at an Apple retailer in Chengdu in southwestern China to play “Honor of Kings,” a sport developed by TiMi Studio, which is owned by Chinese tech large Tencent.
“The action-packed Honor of Kings started here in Chengdu and is now a global phenomenon on the App Store,” Cook mentioned in a put up on Chinese social media service Weibo.
Cook additionally posted a video of himself cheering on players on the event. Honor of Kings is without doubt one of the largest cell video games in China and a considerable income driver for Apple’s App Store within the nation.
The Apple CEO’s go to to the corporate’s third-largest market comes slightly below a month after the iPhone 15, the corporate’s flagship smartphone, went on sale to a seemingly lukewarm reception, and as a crushed down Huawei makes an attempt to make a comeback within the cell market.
“It’s a tough start for Apple to be sure and it’s a combination of factors driving this,” Ethan Qi, affiliate director at Counterpoint Research, advised CNBC by way of e-mail.
Qi attributed Apple’s challenges to poor client sentiment, the iPhone 15’s poorer efficiency than the iPhone 14 and growing competitors within the high-end smartphone market.
“All of these things are working together to take some of the shine away from Apple’s lustre during the first few weeks of iPhone 15 sales,” Qi mentioned.
Source: www.cnbc.com”