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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

President Trump Announces Apple and Intel Chip Collaboration | Bloomberg Tech 6/18/2026

Bloomberg’s Ed Ludlow discusses the latest announcement made by President Donald Trump, which will see Apple and Intel joining forces to produce chips domestically, sending shares of the chipmaker higher. Plus, Anduril’s CEO discusses how the company won a contract with the US Air Force to produce autonomous fighters. And, SpaceX wraps up its first…

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Bloomberg’s Ed Ludlow discusses the latest announcement made by President Donald Trump, which will see Apple and Intel joining forces to produce chips domestically, sending shares of the chipmaker higher. Plus, Anduril’s CEO discusses how the company won a contract with the US Air Force to produce autonomous fighters. And, SpaceX wraps up its first full week of trading, with shares falling for a second day straight.

Chapters:
00:00:00 – Bloomberg Tech Begins
00:01:12 – Ian King & Mandeep Singh, Bloomberg News
00:05:57 – Ankur Crawford, Alger
00:12:15 – Brian Schimpf, Anduril
00:20:57 – Matt Day, Bloomberg News
00:23:48 – Michael Regan, Bloomberg News
00:25:56 – Matthew Witheiler, Wellington Management
00:32:23 – Chris Pavolvski, Rumble CEO
00:37:18 – Dana Wollam, Bloomberg News
00:39:49 – Felix Gillette, Bloomberg News
00:41:42 – Randall Williams, Bloomberg News
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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Bloomberg Technology

Rumble Bets on AI Compute Demand With New AI Platform

Video platform Rumble is jumping on the AI bandwagon with its newest AI platform. Launching as Quake AI, the new sector combines cloud, compute, and AI infrastructure, and is slated to dominate the company’s business segment. Rumble CEO Chris Pavlovski joins Ed Ludlow on “Bloomberg Tech” with more on the pivot. ——– Like this video?…

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Video platform Rumble is jumping on the AI bandwagon with its newest AI platform. Launching as Quake AI, the new sector combines cloud, compute, and AI infrastructure, and is slated to dominate the company’s business segment. Rumble CEO Chris Pavlovski joins Ed Ludlow on “Bloomberg Tech” with more on the pivot.
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Bloomberg Technology

Investors Anticipate Fresh Liquidity Following Historic SpaceX Debut

SpaceX’s historic public debut comes during a critical inflection point as a wave of multibillion-dollar AI companies prepare to go public. With the unprecedented IPO, investors are anticipating a wide-scale “distribution event” that will give private markets the fresh cash it desperately needs. Matt Witheiler, Head of Late-Stage Growth at Wellington Management, thinks the private…

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SpaceX’s historic public debut comes during a critical inflection point as a wave of multibillion-dollar AI companies prepare to go public. With the unprecedented IPO, investors are anticipating a wide-scale “distribution event” that will give private markets the fresh cash it desperately needs. Matt Witheiler, Head of Late-Stage Growth at Wellington Management, thinks the private tech ecosystem will see a cash return. He joins Ed Ludlow of “Bloomberg Tech”.
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