How to succeed in China without really trying, plus 4 other Apple stories to read today
onJune 22, 2012
With so many people writing about Apple(s AAPL), finding the best stories and reports isn’t easy. Here’s our daily pick of stories about the company from around the Web that you shouldn’t miss:
TIME has a cover story this week about Apple’s business prospects in China. The piece delves into how Apple has been able to “prosper without really trying” in the country, and how by using “minimal advertising and only six mainland stores, Apple has cultivated a near-fanatical fan base that celebrates the Americanism of the products.” (Full story access requires a subscription.)
Apple’s new retail chief makes his first big move: a pay raise for some of his employees. Bloomberg says John Browett has approved increases of as much as 25 percent for some employees following a review of the stores’ finances.
The Justice Department has accused Apple of trying to rush its e-books lawsuit through court, which Apple admits. But why? The Wall Street Journal explains.
Meanwhile, in Australia, Apple has been fined more than $2.5 million for an ad campaign that claimed the new iPad could reach 4G wireless speeds in the country — despite Australia lacking any 4G network. DailyFinance covers the potential larger cost of refunds Apple will have to provide to dissatisfied Australian customers.
Congrats, Cape Verde, Mozambique, Solomon Islands and 29 other countries: As of today you have access to Apple’s App Store. Is your country one of them? MacRumors has the full list.