Apple’s 50th anniversary celebrations in China marred by government pressure
Apple's anniversary celebrations face government scrutiny in China.
Apple's 50th anniversary celebrations in China, which included an event attended by CEO Tim Cook, have been overshadowed by increasing pressure from the Chinese government. This follows Apple's recent decision to lower its App Store commission from 30% to 25%, a move made after discussions with regulators. However, state media has since criticized the company for monopolistic practices, suggesting that Apple may need to make further concessions to satisfy Beijing.
Key Takeaways
- 1.
Apple reduced its App Store commission from 30% to 25% in mainland China.
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Chinese state media criticized Apple for monopolistic practices and called for further concessions.
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The company is under scrutiny for its payment policies and restrictions on third-party apps.
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