Apple Inc. has long proved adept at negotiating China's notoriously challenging market, responding to fickle consumer tastes and unpredictable regulation far more adeptly than its competitors. But a recent decision to start taking a30 percent commissionon "tips" paid to artists and entertainers online threatens to undermine that savvy reputation -- and quite possibly Apple's long-term prospects in China.
Wednesday, 21 June 2017
Apple Gets Greedy in China
Apple Inc. has long proved adept at negotiating China's notoriously challenging market, responding to fickle consumer tastes and unpredictable regulation far more adeptly than its competitors. But a recent decision to start taking a30 percent commissionon "tips" paid to artists and entertainers online threatens to undermine that savvy reputation -- and quite possibly Apple's long-term prospects in China.
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