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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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Apple Already Developing Higher-End HomeView

Apple’s new HomeView has been a long time coming – but now, Apple is already developing a higher-end version of the device with a robotic limb, which can automatically swivel the screen toward whoever is speaking. Bloomberg’s Mark Gurman joins Ed Ludlow with the details from this week’s Power On newsletter on “Bloomberg Tech.” ——–…

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Apple’s new HomeView has been a long time coming – but now, Apple is already developing a higher-end version of the device with a robotic limb, which can automatically swivel the screen toward whoever is speaking. Bloomberg’s Mark Gurman joins Ed Ludlow with the details from this week’s Power On newsletter on “Bloomberg Tech.”
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Hamilton Lane Executive Co-Chairman Erik Hirsch says much of the wealth created by the AI boom has so far accrued in the private markets, as companies stay private longer and tap increasingly deep pools of capital. With exposure to OpenAI and Anthropic through its venture and growth relationships, Hirsch discusses how investors can access private AI companies through funds, secondaries and co-investments – and why even as some of AI’s biggest names head toward IPOs, going public is no longer the default path for most technology companies. He joins Ed Ludlow on “Bloomberg Tech.”
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Anthropic plans to dedicate 5% of its shares to a public benefit fund, offering its own approach to sharing the potential wealth created by AI as concerns grow about AI-driven labor disruption. Bloomberg’s Mike Shepard discusses how the plan differs from proposals for a government-run fund – and from Elon Musk’s pledge to give every child in America a share of SpaceX – as technology leaders confront a broader question: who should benefit financially from the AI boom? He joins Ed Ludlow on “Bloomberg Tech.”
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