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Apple Closing Store in China for the First Time Ever

Apple is closing a retail store in China for the first time. Bloomberg’s Tom Giles explains why it’s a notable retreat for the iPhone maker. He joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with…

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Apple is closing a retail store in China for the first time. Bloomberg’s Tom Giles explains why it’s a notable retreat for the iPhone maker. He joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.”
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10 Comments

10 Comments

  1. @amatuer2

    July 29, 2025 at 3:11 pm

    “much ado about nothing”

    • @ssuwandi3240

      July 29, 2025 at 6:47 pm

      Yeah. The second-largest flagship store😅

  2. @suprflyification

    July 29, 2025 at 3:16 pm

    China helped Apple and Apple helped china. One store closure isn’t news, Apple pulling from china would be. Or if the CCP drop down on them. China hold all the cards with this.

  3. @ryanleonard4034

    July 29, 2025 at 3:32 pm

    Huawei is eating them alive. The new Matebook Fold is the first consumer product since iPhone 3G that actually had my jaw drop when I saw it. It’s obvious who the true innovator(s) are and many of them aren’t stateside anymore.

    • @seymorefact4333

      July 29, 2025 at 7:24 pm

      look at the xiaomi su7 and huawei avatr! that will drop your jaw all the way to CHINA!

  4. @thomasrogers9146

    July 29, 2025 at 4:38 pm

    THIS IS JUST THE BEGINNING FOR AMERICAN BUSINESSES OPERATING IN CHINA AND THE MASSIVE REVENUE LOSSES THEY ARE ABOUT TO EXPERIENCE..CHINA IS THE WORLDS LARGEST CONSUMER MARKET WITH 20 TRILLION DOLLARS IN DOMESTIC SAVINGS.. AMERICAN BUSINESSES OPERATING IN CHINA GROSSED 1.2 TRILLION DOLLARS ACCORDING TO S AND P 500 2024..THIS IS NOT ABOUT THE CHINESE ECONOMY BECAUSE THEY ARE GROWING AT 5.%. THIS IS ABOUT AMERICAN RACISM, HATE XENOPHOBIA ANTI CHINA HYSTERIA AND OBSESSION WITH STARTING CONFLICTS WITH CHINA TRADE WARS MILITARY DRILLS IN THE SOUTH CHINA SEA AND MEDDLING IN TAIWAN..THE CHINESE PEOPLE HAVE HAD ENOUGH.

  5. @thomasrogers9146

    July 29, 2025 at 4:40 pm

    STOP LYING ABOUT THE CHINESE ECONOMY..THIS IS THE EFFECTS OF GEO POLITICS. IF AMERICAN POLITICIANS THINK THEY CAN WAGE A WAR CHINA TRADE OR HOT AND THERE WILL BE NO CONSEQUENCES FOR AMERICAN BUSINESSES? THINK AGAIN.

  6. @marke9036

    July 29, 2025 at 5:02 pm

    Maybe banning Apple like the US banning Huawei for years but the need is less at this point, apple has not been innovate for years even in the US they need the ban the competition in order to keep apple as number one.

  7. @seymorefact4333

    July 29, 2025 at 7:23 pm

    Huawei, OPPO, HONOR, XAIOMI, ZTE, ETC ….ARE FAR ADVANCE. HUAWEI, XAIOMI…ALSO MAKE VEHICLES. APPLE IS A TAX EVASION CORP!

  8. @yessirri686

    July 29, 2025 at 9:19 pm

    Why buy 3 when you can buy one product that does all 3?Huawei is killing right now 😂😂😂😂

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Bloomberg Technology

Apple’s Stumble, Amazon’s Surge and Anthropic’s Hacks | Bloomberg Tech 7/31/2026

Bloomberg’s Ed Ludlow breaks down Tim Cook’s final Apple earnings call as CEO – a story of supply crunches, demand misreads and a tough outlook. Plus, Amazon’s shares roar on AI progress, big spending and accelerating cloud growth. And, after OpenAI’s breaches, Anthropic is now saying its own AI models breached three organizations during cybersecurity…

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Bloomberg’s Ed Ludlow breaks down Tim Cook’s final Apple earnings call as CEO – a story of supply crunches, demand misreads and a tough outlook. Plus, Amazon’s shares roar on AI progress, big spending and accelerating cloud growth. And, after OpenAI’s breaches, Anthropic is now saying its own AI models breached three organizations during cybersecurity tests.

Chapters:
00:00:00 – Bloomberg Tech Begins
00:01:29 – Bloomberg’s Ryan Vlastelica Discusses Apple Falling as Supply Shortages Hurt Sales Forecast
00:03:04 – Jordan Klein, Mizuho Securities Managing Director, TMT Sector Specialist
00:10:39 – Bloomberg’s Peter Elstrom on Moonshot
00:14:09 – Bloomberg’s Patrick Howell O’Neill on Anthropic’s AI Models Hacking Organizations in Testing
00:17:01 – Bloomberg’s Hema Parmar on Situational Awareness’ Losses Raising AI Fears
00:19:08 – Bloomberg’s Craig Trudell Discusses Tesla
00:24:10 – Nancy Tengler, Laffer Tengler Investments CEO and CIO
00:30:19 – Claire McDonough, Rivian CFO
00:32:43 – President Donald Trump Holds Cabinet Meeting from Camp David
00:36:49 – Deena Shakir, Lux Capital Partner
00:44:59 – Bloomberg’s Brody Ford on Microsoft’s Pledge to Remain Cash Flow Positive
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Bloomberg Technology

Moonshot’s Kimi Built With Nvidia Compute

Chinese AI startup Moonshot’s Kimi models are powered in part by around 20,000 Nvidia Hopper chips supplied through a computing agreement with Alibaba, according to sources. Bloomberg’s Peter Elstrom explains what the arrangement reveals about China’s AI infrastructure and the role of US technology in training frontier models. He joins Ed Ludlow on “Bloomberg Tech.”…

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Chinese AI startup Moonshot’s Kimi models are powered in part by around 20,000 Nvidia Hopper chips supplied through a computing agreement with Alibaba, according to sources. Bloomberg’s Peter Elstrom explains what the arrangement reveals about China’s AI infrastructure and the role of US technology in training frontier models. He joins Ed Ludlow on “Bloomberg Tech.”
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Bloomberg Technology

The Next AI Boom Is in Health Care and Robotics, Says Lux Capital’s Shakir

Recent disclosures from Anthropic and OpenAI have shifted the AI conversation from model capabilities to real-world deployment and security. Lux Capital Partner Deena Shakir says the next wave of AI innovation will be built on trust, partnerships and vertical applications like health care and robotics, not just more powerful foundation models. She joins Ed Ludlow…

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Recent disclosures from Anthropic and OpenAI have shifted the AI conversation from model capabilities to real-world deployment and security. Lux Capital Partner Deena Shakir says the next wave of AI innovation will be built on trust, partnerships and vertical applications like health care and robotics, not just more powerful foundation models. She joins Ed Ludlow on “Bloomberg Tech.”
——–
Like this video? Subscribe to Bloomberg Technology on YouTube:

 
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