Apple to Open New Shanghai Store as China iPhone Sales Slump

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Apple plans to open a new store in Shanghai, China, in an effort to boost its presence in the Chinese market and counter the decline in iPhone sales. The company is also expanding its services business to offset the sales slump.

Apple is planning to open a new store in Shanghai, China, despite a slump in iPhone sales in the country. The tech giant is hoping that the new store will help boost its presence in the Chinese market and attract more customers.

This move comes as Apple faces increasing competition from local smartphone brands in China. The company is also focusing on expanding its services business, such as Apple Music and Apple Pay, to offset the decline in iPhone sales.

 

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