Enterprise

Huawei: ‘Apple is my teacher,’ leave Apple alone

‘The blame should rest with some US politicians’

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Last week, the American government barred Huawei from conducting business with American companies. The bombastic decision sent tsunamis across the globe. Everyone turned into a victim of Sinophobia. Everyone started fearing Huawei’s products.

Naturally, Sinophobia exists only outside Chinese territories. In China, Huawei is still a respectable company. While the world is shunning Huawei, China is enforcing retaliation against America’s prized smartphone — the iPhone. Chinese consumers have reportedly ditched Apple’s iPhones for Huawei’s devices.

Surprisingly, Huawei isn’t going for the same Apple-phobia. In fact, Huawei founder Ren Zhengfei has voiced out its support for Huawei. The founder has finally issued a definitive statement regarding the ban on his company.

In an interview with Bloomberg, the Huawei boss commented on the possible retaliation against America. Given the circumstances, China can similarly ban Apple from its shores. Notably, Apple manufactures its devices in China.

However, Ren Zhengfei isn’t supporting the potential move. “That will not happen, first of all. And second of all, if that happens, I’ll be the first to protest,” he said. Despite the obvious merit of retaliation, Huawei (and likely, China) will not fight fire with fire.

Surprisingly, the founder has even praised the American company’s merits. “Apple is my teacher, it’s in the lead. As a student, why go against my teacher? Never.”

Huawei isn’t blaming America companies for the ban. If anything, Huawei is doubling down against the American government. “We are ahead of the US If we were behind, there would be no need for Trump to strenuously attack us.”

“The blame should rest with some US politicians. We should understand that these US companies and Huawei share the same fate. We are both players in the market economy,” he said in another interview.

Despite the blatant disparity, Ren Zhengfei remains confident for the company’s future. “The US ban will not lead to negative growth or harm the development of our industry,” he concludes.

SEE ALSO: Huawei’s phones can’t use microSD cards anymore

Enterprise

Apple’s Tim Cook is now worth a billion dollars

Officially a billionaire

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A few years ago, Apple earned the highly distinguished status of becoming a trillion-dollar company. Without pausing to catch its breath, the company is already barreling towards the 2-trillion mark. Coinciding with his company’s success, Apple’s Tim Cook is now worth a billion dollars.

According to Bloomberg’s Billionaires Index, Cook’s net worth has just passed the US$ 1 billion mark just as Apple’s shares substantially grew last week. Just recently, the company announced a 4-in-1 split for its stocks due to the success.

The Apple CEO’s new position in the success column is an interesting one. Unlike his peers in the industry, Cook is one of the few CEOs who did not found his own company. The current leader took over the reins from the late Steve Jobs back in 2011. Since then, Apple’s success skyrocketed to its current status today. Back in 2015, amidst all the riches he acquired, Cook promised to give away most of his money to philanthropic endeavors.

Apple’s recent success is a stroke of good news compared to other big tech companies in the US. Last week, the biggest tech CEOs faced an onslaught of antitrust issues surrounding the tech industry. For example, Facebook’s Mark Zuckerberg failed to defend his bullying and acquiring tactics to stomp competitors down. Though surviving this barrage, Apple is currently facing its own set of issues worldwide, including antitrust issues in the EU and a strange branding lawsuit in Canada.

If the current trend continues, Apple is set to ascend even further up the ranks of tech companies in the near future.

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Enterprise

WeChat ban can sink iPhone sales worldwide

Sinks by up to 30 percent

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Last week, President Donald Trump signed an official executive order banning TikTok and WeChat starting September 15. Though the spotlight is on TikTok, the pending WeChat ban can also impact the technology industry quite heavily. According to an analyst’s report, the WeChat ban can sink iPhone sales worldwide.

According to renowned Apple analyst Ming-Chi Kuo (via MacRumors), the impending ban will determine the iPhone’s fate in the Chinese market. WeChat, a platform owned by Tencent, is a popular messaging app in China. While the app’s presence is drastically lesser in other territories, Chinese immigrants also use the platform to stay in touch with relatives back in China.

If the ban passes, Apple’s App Store can potentially remove the app for all users around the world. Currently, the executive order’s wording is still vague. No one knows if a ban will remove WeChat from American iPhones or all iPhones all over the world.

In the best-case scenario wherein it’s only the US, global iPhone sales will likely drop by up to only 6 percent. This likely pertains to Chinese immigrants in the US. However, in the worst-case scenario wherein iPhones everywhere lose the app, Apple’s sales will sink by up to a whopping 30 percent.

Despite the overwhelming dominance of Chinese brands in China, Apple still retains a sizable share in the country’s market. Compared to last year, the American brand’s market share actually grew in size. If Kuo’s more pessimistic scenario comes to pass, Trump’s orders might have inadvertently doomed Apple’s business in China.

SEE ALSO: Apple is not interested in TikTok

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Enterprise

Apple is suing a small startup for using a pear logo

Five-person startup vs. trillion-dollar company

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As the saying goes, “apples and oranges.” Apparently, the well-known idiom doesn’t apply for the iPhone makers of the same name. If your company uses any fruit-themed logo (even if it’s not an apple), Apple will see their own logo and go at you with the full force of their legal team. In a strange turn of events, Apple is suing a small startup for using a pear logo.

Reported by Canadian outlet iPhone in Canada, Prepear, a meal-planning startup with only five people, is facing legal action from the trillion-dollar Apple because of their logo. Super Healthy Kids, another startup from the founders of Prepear, shared their woes on Instagram. As the name suggests, Prepear uses a pear-shaped logo in lime green. According to the post, Apple thinks that the Prepear logo looks too similar to the globally known Apple logo.

Now, if you squint enough, you might find a few similarities. Both have a leaf hanging near the stem, for example. However, both logos are quite arguably far enough from each other. In fact, their brand identities are very distinct from each other.

Along with the Instagram post, Prepear has also started a Change.org petition, in hopes of stopping Apple’s legal action against them. In the petition, the startup is calling out Apple for bullying other smaller startups with fruit-themed logos. “Most small businesses cannot afford the tens of thousands of dollars it would cost to fight Apple,” the petition said.

In the same vein, big tech companies in the US are facing a lot of antitrust issues. Just recently, a court hearing caught Facebook’s Mark Zuckerberg lying under oath. The social media company stole, bullied, and acquired rival companies to take them out.

Of course, Apple is no stranger to weird court cases from people in the past. However, this is one of the rare instances when the company itself is pursuing legal action for strange reasons against smaller entities.

SEE ALSO: Apple is not interested in TikTok

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