AIRLINK 198.50 Increased By ▲ 1.85 (0.94%)
BOP 10.30 Increased By ▲ 0.16 (1.58%)
CNERGY 6.74 Increased By ▲ 0.05 (0.75%)
FCCL 33.30 Increased By ▲ 0.28 (0.85%)
FFL 16.50 Decreased By ▼ -0.15 (-0.9%)
FLYNG 23.00 Increased By ▲ 0.55 (2.45%)
HUBC 127.00 Decreased By ▼ -0.29 (-0.23%)
HUMNL 13.90 No Change ▼ 0.00 (0%)
KEL 4.82 Increased By ▲ 0.06 (1.26%)
KOSM 6.55 Increased By ▲ 0.18 (2.83%)
MLCF 42.65 Increased By ▲ 0.43 (1.02%)
OGDC 212.70 Decreased By ▼ -0.33 (-0.15%)
PACE 7.05 Increased By ▲ 0.04 (0.57%)
PAEL 40.75 Decreased By ▼ -0.12 (-0.29%)
PIAHCLA 17.65 Increased By ▲ 0.83 (4.93%)
PIBTL 8.45 Increased By ▲ 0.16 (1.93%)
POWER 8.80 Decreased By ▼ -0.02 (-0.23%)
PPL 183.76 Increased By ▲ 0.19 (0.1%)
PRL 38.60 Increased By ▲ 0.33 (0.86%)
PTC 24.40 Increased By ▲ 0.33 (1.37%)
SEARL 94.10 Decreased By ▼ -1.01 (-1.06%)
SILK 1.00 No Change ▼ 0.00 (0%)
SSGC 40.40 Increased By ▲ 0.09 (0.22%)
SYM 18.40 Increased By ▲ 0.19 (1.04%)
TELE 8.75 Increased By ▲ 0.02 (0.23%)
TPLP 12.50 Increased By ▲ 0.29 (2.38%)
TRG 64.49 Increased By ▲ 0.13 (0.2%)
WAVESAPP 10.45 Increased By ▲ 0.01 (0.1%)
WTL 1.79 No Change ▼ 0.00 (0%)
YOUW 4.14 Increased By ▲ 0.14 (3.5%)
BR100 11,708 Decreased By -15.4 (-0.13%)
BR30 35,282 Decreased By -77.4 (-0.22%)
KSE100 113,158 Increased By 519.2 (0.46%)
KSE30 35,561 Increased By 103.2 (0.29%)

Apple Inc's chief executive Tim Cook said developers using its platform in China number 1.8 million and have earned a total 112 billion yuan ($16.93 billion), representing roughly a quarter of total global App Store earnings. Cook shared the data on Sunday during a speech at China's top public cyber policy forum, organised by the Cybersecurity Administration of China (CAC), which oversees internet regulation including censorship.
Earlier this year, Apple said that developers had earned roughly $70 billion in total revenue through the store. Apple is facing criticism from local users and rights groups for bowing to pressure from Beijing cyber regulators after it decided to remove hundreds of apps from its Chinese store this year, including messaging apps and virtual private network (VPN) services, which help users subvert China's Great Firewall.
Apple counts China as its third-largest region by sales but it has lost market share in recent years as high-end handsets from local rivals continue to gain traction. The firm is hoping to regain momentum following the release of its iPhone 8 and iPhone X models which shipped in November.

Comments

Comments are closed.