BR100 Increased By (0.27%)
BR30 Increased By (0.07%)
KSE100 Increased By (0.2%)
KSE30 Increased By (0.25%)
AGHA 6.77 Increased By ▲ 0.09 (1.35%)
BECO 4.38 Increased By ▲ 0.01 (0.23%)
BML 56.99 Decreased By ▼ -0.33 (-0.58%)
BOP 30.45 Increased By ▲ 0.10 (0.33%)
CNERGY 13.14 Increased By ▲ 0.02 (0.15%)
CSIL 5.37 Decreased By ▼ -0.04 (-0.74%)
FCCL 52.90 Increased By ▲ 0.11 (0.21%)
FFL 14.83 Increased By ▲ 0.11 (0.75%)
FNEL 1.13 Increased By ▲ 0.01 (0.89%)
KEL 6.14 Increased By ▲ 0.05 (0.82%)
KOSM 5.82 Increased By ▲ 0.09 (1.57%)
LOTCHEM 26.55 Increased By ▲ 0.09 (0.34%)
MLCF 93.61 Increased By ▲ 0.45 (0.48%)
NBP 165.10 Increased By ▲ 0.44 (0.27%)
NCPL 55.81 Increased By ▲ 0.15 (0.27%)
NPL 61.05 Decreased By ▼ -0.11 (-0.18%)
OGDC 315.97 Decreased By ▼ -0.76 (-0.24%)
PACE 9.90 Increased By ▲ 0.03 (0.3%)
PAEL 35.70 Increased By ▲ 0.07 (0.2%)
PIBTL 14.95 Increased By ▲ 0.27 (1.84%)
PPL 226.00 Decreased By ▼ -0.91 (-0.4%)
PRL 93.35 Increased By ▲ 0.33 (0.35%)
PTC 60.44 Increased By ▲ 0.18 (0.3%)
SSGC 23.90 Increased By ▲ 0.09 (0.38%)
TBL 8.81 Increased By ▲ 0.06 (0.69%)
TELE 7.85 Increased By ▲ 0.05 (0.64%)
TPL 22.55 Increased By ▲ 0.20 (0.89%)
TPLP 12.97 No Change ▼ 0.00 (0%)
TREET 22.27 Increased By ▲ 0.11 (0.5%)
TRG 56.90 Increased By ▲ 0.34 (0.6%)
By

BEIJING: Apple CEO Tim Cook was in China for the second time this year, he said on social media Tuesday, as the US technology giant seeks to shore up slumping sales in a crucial overseas market.

The iPhone maker remains popular among Chinese consumers but has ceded ground to domestic rivals in recent years as the Asian nation faces slowing economic growth and sluggish consumption.

Cook said Tuesday on his official account on social media platform Weibo that he had met with Chinese university students using Apple products to boost sustainable farming practices.

And in another video uploaded to his official page late Monday, Cook accompanied fashion photographer Chen Man on a walk through a historic quarter of the Chinese capital.

“It’s great to be back in Beijing,” Cook wrote.

Apple reported a $21.4 billion profit in the three months ending in June, on $85.8 billion in revenue over the period. The revenue was a five percent jump from a year ago.

But the iPhone maker’s sales in China have come under pressure from homegrown competitors like Huawei in recent years.

Apple to break AI silence at developers conference

The company was only the sixth-biggest smartphone vendor in China in the second quarter, down from the third biggest in the equivalent period last year, according to data by Canalys, a market analysis firm.

Cook last visited China in March, when he opened a new Apple store in Shanghai and attended a forum in Beijing alongside other top executives.

Comments

Comments are closed for this article.