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A comment on Uber's China Rival Close to Raising $2B in New Funding. Parent comment

Re:Uber's China Rival Close to Raising $2B in New Funding by frozenport on Friday May 06, 2016 @10:07AM (#11644041)
They still do. Indeed Carl Icahn recently dumped his Apple stock for this exact reason. Your market status in China is temporary, until the government can replace you. More interestingly there are few Western companies that have actually made a net positive cash flow out of China, even those that today have large market shares ( such as automotive).

The relationship has consistently been unilateral free trade in the long term, with investors giving money for market share and getting little in return.

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Re:Uber's China Rival Close to Raising $2B in New Funding by xiaoma on Friday May 06, 2016 @11:53AM (#11644773)
Yes and the future for Apple in China is looking pretty grim since the government has recently just shut down the iTunes movies and books stores. It's only a matter of time before music and apps get similar treatment.

A government willing to block gmail of all things is not going to have qualms about killing an app store they can't control.

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Re:Uber's China Rival Close to Raising $2B in New Funding by tew28 on Friday May 06, 2016 @11:27AM (#11644599)
The reason Apple's sales in China are slowing is not because of local favoritism. It has more to do with new iPhones being not much different than older models, much more expensive than similar hardware with Android, and competition (like Huawei, Xiaomi, Oppo, Samsung) catching up.
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Re:Uber's China Rival Close to Raising $2B in New Funding by eva1984 on Friday May 06, 2016 @10:32AM (#11644234)
Your argument doesn't hold. Apple is pretty replaceable in China, yet they are making yuge money from this one market.
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Re:Uber's China Rival Close to Raising $2B in New Funding by Nicholas_C on Friday May 06, 2016 @10:53AM (#11644377)
Apple had a 2016 Q1 YoY decrease of 25% for revenue in China. They are still making good money but the future is very uncertain for those cash flows.
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Re:Uber's China Rival Close to Raising $2B in New Funding by eva1984 on Friday May 06, 2016 @11:07AM (#11644467)
Because 6S is a boring phone, and people didn't want it as bad as 6.
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Re:Uber's China Rival Close to Raising $2B in New Funding by jonknee on Friday May 06, 2016 @10:44AM (#11644305)
The argument is that regardless of Apple's current profits it could all be gone tomorrow without any recourse.
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Re:Uber's China Rival Close to Raising $2B in New Funding by eva1984 on Friday May 06, 2016 @10:50AM (#11644359)
“Your market status in China is temporary, until the government can replace you”

China has 2-3 (due to different standard) of the top smartphone manufacturers in the world, I don't think govt cannot replace Apple. Yet apple is still there.

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Re:Uber's China Rival Close to Raising $2B in New Funding by jonknee on Friday May 06, 2016 @12:25PM (#11644988)
China just cut off some of Apple's services without any warning:

http://www.nytimes.com/2016/04/22/technology/apple-no-longer...

> Last week, Apple’s iBooks Store and iTunes Movies were shut down in China, just six months after they were started there. Initially, Apple apparently had the government’s approval to introduce the services. But then a regulator, the State Administration of Press, Publication, Radio, Film and Television, asserted its authority and demanded the closings, according to two people who spoke on the condition of anonymity.

The biggest threat may be a security/encryption related court case similar to the one the US just backed down on. Apple would be put in a very tough place.

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