Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Pakistani army: 6 soldiers and 7 militants killed in clash near the Afghan border
Israeli media: Sirens sound in the settlement of Kerem Shalom in the Gaza envelope area
Afghan source to Al Mayadeen: We still believe in dialogue and prioritize diplomatic solutions with Pakistan; though we are ready for all possibilities.
Afghan source to Al Mayadeen: Pakistan purposely obstructed negotiations in Turkey by making unrealistic demands.
Al Mayadeen's correspondent: More than 70 martyrs in Israeli attacks on Gaza since dawn.
Death toll from latest Israeli strikes on Gaza rises to 30
Al Mayadeen's correspondent: Five killed in the Israeli bombing of a civilian vehicle on Al-Qassam Street in Khan Younis, south of the Gaza Strip
Hamas confirms that it has no connection to the shooting incident in Rafah and affirms its commitment to the ceasefire agreement
Al Mayadeen's correspondent: Two civilians were killed and four others, including a child and an infant, were injured in an Israeli bombing of a house belonging to the Al-Banna family in the al-Sabra neighborhood, south of Gaza City
Al Mayadeen's correspondent: An Israeli airstrike targets the vicinity of Al-Shifa Medical Complex, west of Gaza City

Apple shares slide after China government iPhone ban reports

  • By Al Mayadeen English
  • Source: News websites
  • 9 Sep 2023 14:57
  • 1 Shares
2 Min Read

During the last 48 hours, Apple's market capitalization has experienced a decline exceeding 6%, translating to an approximate loss of $200 billion (£160 billion).

  • x
  • Customers walk past a huge Apple logo at the new store which is located on two floors linked by a glass spiral staircase in Hong Kong's upscale International Financial Center Mall, Sept. 24, 2011. (AP)
    Customers walk past a huge Apple logo at the new store which is located on two floors linked by a glass spiral staircase in Hong Kong's upscale International Financial Center Mall, Sept. 24, 2011. (AP)

Apple's shares have experienced a second consecutive day of decline in response to reports indicating that Chinese government employees have been prohibited from using iPhones.

In the past two days, the tech company's stock market value has dropped by over 6%, equivalent to nearly $200 billion (£160 billion).

China stands as Apple's third-largest market, contributing 18% of its total revenue last year. Additionally, the majority of Apple's products are manufactured by its primary supplier, Foxconn, in China.

The Wall Street Journal (WSJ) reported on Wednesday that Beijing had instructed officials in central government agencies not to bring iPhones into their offices or use them for work purposes. On the subsequent day, Bloomberg News suggested that this ban might also extend to employees of state-owned enterprises and government-affiliated organizations.

Related News

Former world leaders urge Trump to press 'Israel' on Barghouti

US greed, policy missteps propelled China’s tech dominance: AP exposé

Read next: Apple tells suppliers in Taiwan to label products as 'Made in China'

According to sources cited by the WSJ, these instructions were relayed to officials by their superiors in recent weeks, and similar restrictions were placed on other foreign-branded devices. While iPhones were already prohibited in certain agencies, the reports suggest that the scope of the ban has been broadened. However, it remains unclear how widely these instructions were disseminated throughout Chinese officialdom.

These reports have emerged just ahead of the anticipated launch of the iPhone 15, scheduled for September 12th.

#Xiaomi, the leading #Chinese tech company, has registered a new patent for a smartphone technology that has been described as potentially "lifesaving." pic.twitter.com/6HAh2woqU0

— Al Mayadeen English (@MayadeenEnglish) September 20, 2021

On Chinese social media platforms, some individuals claiming to work for state-owned enterprises mentioned that they had been informed to cease using Apple devices by the end of September. One individual humorously questioned their financial capacity to purchase a new phone, pondering, "What should I use for work?"

  • United States
  • iPhone
  • China
  • Apple

Most Read

'Israel’s Digital Iron Dome: Weaponizing the web against Palestine

'Israel’s Digital Iron Dome: Weaponizing the web against Palestine

  • Technology
  • 24 Oct 2025
Arab League chief exposes secret US deal shielding 'Israel’s' nukes

Arab League chief exposes secret US deal shielding 'Israel’s' nukes

  • Politics
  • 27 Oct 2025
US missionary kidnapped in Niger capital, suspected taken toward Mali

US missionary kidnapped in Niger capital, suspected taken toward Mali

  • Africa
  • 23 Oct 2025
What Marr evidently didn't seem to understand was that Hedges isn't saying that Western journalists manipulate the truth, but that they systematically amplify Israeli narratives they know are false. (Al Mayadeen English; Illustrated by Batoul Chamas)

Western journalists know they have a case to answer for their betrayal of Gaza, and it frightens them

  • Opinion
  • 24 Oct 2025

Coverage

All
War on Gaza

Read Next

All
Saudi's PIF refocuses on AI, logistics, and religious tourism
Economy

Saudi Arabia's fund refocuses on AI, logistics, and religious tourism

Detained Bahraini activist al-Khawaja starts new hunger strike.
Politics

Detained Bahraini activist al-Khawaja starts new hunger strike

Israel fortifies Gaza’s "yellow line," prepares to dig in.
Politics

'Israel' fortifies Gaza’s 'yellow line,' prepares to dig in: WSJ

President Donald Trump speaks to reporters aboard Air Force One as he travels from Tokyo, Japan, to South Korea, on October 29, 2025. (AP Photo/Mark Schiefelbein)
Asia

Trump’s weak dollar strategy risks global fallout: Forbes

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS