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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

Alibaba’s AI Spending Spree, Concerns of Circular AI Financing | Bloomberg Tech 8/20/2026

Bloomberg’s Ed Ludlow breaks down the plunge in Alibaba’s profit after the company increased its quarterly capex to almost $10 billion for AI. Plus, a look at how Meta has quietly become one of Microsoft’s largest AI customers, and at defense tech startup Castelion’s plans to boost production of its hypersonic missile systems. 00:00:00 –…

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Bloomberg’s Ed Ludlow breaks down the plunge in Alibaba’s profit after the company increased its quarterly capex to almost $10 billion for AI. Plus, a look at how Meta has quietly become one of Microsoft’s largest AI customers, and at defense tech startup Castelion’s plans to boost production of its hypersonic missile systems.

00:00:00 – Bloomberg Tech Begins
00:01:49 – Peter Elstrom, Bloomberg News
00:04:44 – Marta Norton, Empower
00:12:39 – Vlad Tenev, Robinhood CEO
00:15:06 – Brody Ford, Bloomberg News
00:19:51 – Rachel Metz, Bloomberg News
00:24:03 – Rebecca Torrence, Bloomberg News
00:26:18 – Andrew Kreitz, Castelion
00:33:24 – Navin Chaddha, Mayfield
00:41:18 – Greg Ryan, Bloomberg News
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Bloomberg Technology

Mayfield Bets on AI’s Earliest Founders

Mayfield has invested more than $3 billion in AI companies, much of it before founders have built a product or even formed a company. Managing Partner Navin Chaddha joins Bloomberg to discuss why he sees AI as a “100x opportunity,” why venture returns still depend on finding a handful of exceptional founders, and why Mayfield…

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Mayfield has invested more than $3 billion in AI companies, much of it before founders have built a product or even formed a company. Managing Partner Navin Chaddha joins Bloomberg to discuss why he sees AI as a “100x opportunity,” why venture returns still depend on finding a handful of exceptional founders, and why Mayfield is resisting the industry’s push toward ever-larger funds to stay focused on early-stage investing. He joins Ed Ludlow on “Bloomberg Tech.”
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Bloomberg Technology

The Defense Startup Taking a SpaceX Approach to Missiles

Defense startup Castelion has raised $1 billion at a $13 billion valuation as it races to scale production of its Blackbeard hypersonic weapon system and develop new long-range and defensive capabilities. Co-founder and CFO Andrew Kreitz discusses why manufacturing thousands of weapons at low cost is the company’s central challenge, and how his experience at…

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Defense startup Castelion has raised $1 billion at a $13 billion valuation as it races to scale production of its Blackbeard hypersonic weapon system and develop new long-range and defensive capabilities. Co-founder and CFO Andrew Kreitz discusses why manufacturing thousands of weapons at low cost is the company’s central challenge, and how his experience at SpaceX shaped Castelion’s approach. He joins Ed Ludlow on “Bloomberg Tech.”
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