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Apple's Eighth Retail Store in Shanghai Expected to Open This Month

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Apple today announced the imminent opening of its eighth retail store in central Shanghai, China, which will be named Apple Jing'an.

apple-store-jing-an-shanghai.jpg

Located on Nanjing West Road in the Jing'an District (named after its famous ancient Jing'an Temple), Apple Jing'an will become the 57th Apple store in mainland China and Apple says it's the company's second-largest flagship store after the Fifth Avenue location in New York City.

Embracing a floral theme, the storefront is currently draped in a veil of blooming flowers. To celebrate the opening, Apple has also made a special wallpaper for Apple devices available to download on its China website.

Apple has not yet revealed when the store will begin to welcome customers, but local reports suggest it will open its doors later this month.

Apple is currently grappling with a significant slump in demand for iPhone sales in the country, with a recent report by CounterPoint Research suggesting iPhone sales dropped by 24 percent in the first six weeks of 2024 alone.

Article Link: Apple's Eighth Retail Store in Shanghai Expected to Open This Month
 
Article Link
https://www.macrumors.com/2024/03/08/apple-eighth-store-shanghai-opening/
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Can't imagine what would happen to Apple stock if real trouble erupted between the PRC and the U.S.
 
MacRumors said:
Apple is currently grappling with a significant slump in demand for iPhone sales in the country, with a recent report by CounterPoint Research suggesting iPhone sales dropped by 24 percent in the first six weeks of 2024 alone.
Click to expand...
I wonder if it's because of something political, or if it's because Chinese phone manufacturers are pushing their hardware to the limit and adding bigger batteries, noticeably improved cameras each generation, greater AI features every few months, all while offering very competitive prices on really good hardware. Meanwhile, the iPhone 15 is just an iPhone 14 with more megapixels, and the iPhone 14 was just the iPhone 13 with SOS functionality that most people forgot existed, and-

...nah, that's crazy talk. Clearly the drop in iPhone sales is because governments are up to some political shenanigans. Nothing to do with the lack of noticeable hardware improvements on Apple's part. :p

Anyways, I'm really looking forward to the iPhone 16, I heard the cameras are going to be vertical now! If that's not amazing technological progress, I don't know what is. :apple:
 
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Seems like a bit of a waste. The "build it and they will come buy" theory is not going to work in this case.
 
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coffeemilktea said:
I wonder if it's because of something political, or if it's because Chinese phone manufacturers are pushing their hardware to the limit and adding bigger batteries, noticeably improved cameras each generation, greater AI features every few months, all while offering very competitive prices on really good hardware. Meanwhile, the iPhone 15 is just an iPhone 14 with more megapixels, and the iPhone 14 was just the iPhone 13 with SOS functionality that most people forgot existed, and-

...nah, that's crazy talk. Clearly the drop in iPhone sales is because governments are up to some political shenanigans. Nothing to do with the lack of noticeable hardware improvements on Apple's part. :p

Anyways, I'm really looking forward to the iPhone 16, I heard the cameras are going to be vertical now! If that's not amazing technological progress, I don't know what is. :apple:
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The economy in china is bad. unemployment is high, like compared to the US historical highs. The govt statistics put it at 5.2%. The feeling among those that I talk to there is that its probably 5-6x that number in certain age demographics.
 
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This really isn't as unwise of a choice as it seems. Shanghai has a much more affluent and cosmopolitan consumer base that's less prone to nationalistic propagandas, and the economy, while they're obviously still subjected to a dictatorship, just isn't as reliant on the public sector meaning the ban influences far fewer of them.

Apple went through a phase of opening new stores in more interior cities at turbo speed which would've been very dumb if they continued with it.
 
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vegetassj4 said:
“Apple is currently grappling with a significant slump in demand for iPhone sales in the country”

When the CCP bans iPhones from being used as work phones, and users from bringing personal iPhones in to the gov workplace, there is a significant incentive not to have an iPhone at all.

The government influences the people, not the other way around.

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Very good point. But can you please tell it in the form of a funny picture.
 
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Meanwhile we can’t get a single Apple Store on the south side of Atlanta… 3 or 4 on the north side, with 2 of those within 5 miles of each other…
 
vegetassj4 said:
“Apple is currently grappling with a significant slump in demand for iPhone sales in the country”

When the CCP bans iPhones from being used as work phones, and users from bringing personal iPhones in to the gov workplace, there is a significant incentive not to have an iPhone at all.

The government influences the people, not the other way around.

Click to expand...

Not so much influence but the fact that the Chinese government employs a substantial amount of people, if dad or mom work on the government is probable the whole family will be shifting away from Apple.
 
Eight stores in a city seems a lot, but some people have no idea how massive Shanghai is. It has over three times the population of New York City. Over 26 million people. More than in Australia. And that is just the population of that actual city without its neighbours. If you take a twenty minute train ride from Shanghai, you will arrive in Suzhou, another city with over ten million people. Another 17 minutes further there is another city called "Wuxi" with six million people. I can recommend putting Shanghai on your bucket list, even if you think that China is evil. The city is so far ahead of Europe or the US.
 
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vegetassj4 said:
“Apple is currently grappling with a significant slump in demand for iPhone sales in the country”

When the CCP bans iPhones from being used as work phones, and users from bringing personal iPhones in to the gov workplace, there is a significant incentive not to have an iPhone at all.

The government influences the people, not the other way around.

Click to expand...
According to your post, China's government is working in favor of itself instead of its people. According to that article, America's government is working in favor of trillion dollar corporations like Apple instead of its people.
 
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