Apple ordered to Stop Selling iPhone in China | Crunch Report

TL;DR
Beijing court orders Apple to cease iPhone 6 sales in Beijing due to similarities in design to a Chinese brand smartphone.
Transcript
Apple ordered to stop selling iphone 6 in China New York State Senate passes anti Airbnb bill Domino's pulls out of t-mobile pizza promotion and more it's Friday jun 17 and this is crunch report welcome to crunch report happy Friday everyone Apple has been ordered by a Beijing court to stop selling the iphone 6 and 6 plus in the city having ruled t... Read More
Key Insights
- 🎨 Apple has been ordered by a Beijing court to cease selling the iPhone 6 and 6 Plus due to their similarities in design to a Chinese brand smartphone.
- 📱 The financial impact of this ruling remains uncertain, as many mobile phone stores had already stopped selling the iPhone 6 and 6 Plus months ago.
- 🪈 Apple has appealed the order and it is currently stayed pending review by the Beijing IP court.
- 👪 The New York State Senate has passed a bill to make it illegal to advertise short-term rentals of entire homes on Airbnb.
- 🤘 The next step for the bill is for New York State Governor Andrew Cuomo to either sign or veto it.
- 🧑💻 The tech community is divided on this issue, as Airbnb provides access to accommodation but could impact the sense of community in cities like New York.
- 😤 Facebook has hired esports super connector Steven "Snoopeh" Ellis to build a new team as Facebook's esports strategic partnerships manager.
- 👾 Facebook aims to recruit top game developers and players to bring their streaming content to the social network.
- 👶 ClearTax, an online platform to file tax returns with minimum stress, has announced a 12 million series A round to expand its user base and reach into new financial products.
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Questions & Answers
Q: What was the reason behind the Beijing court's order for Apple to stop selling iPhone 6?
The court ruled that the design of the iPhone 6 and 6 Plus is too similar to a Chinese brand smartphone, the Shenzhen Bali 100c.
Q: Has Apple complied with the order to stop selling the iPhone 6?
Apple has appealed the order and its enforcement is currently stayed until the Beijing IP court reviews the case.
Q: How will this ruling impact Apple financially?
The financial impact is unclear, as many stores in Beijing had already stopped selling the iPhone 6 and 6 Plus in favor of newer models.
Q: Are there any other China-related news regarding Apple?
Apple is reportedly ending production of both the iPhone 6 and 6 Plus, and there have been rumors of Apple opening a research and development center in Shenzhen.
Summary & Key Takeaways
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Apple has been told to halt sales of the iPhone 6 and 6 Plus in Beijing as they are seen as too similar in design to the Shenzhen Bali 100c smartphone.
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The financial impact of this ruling is uncertain, as many stores had already stopped selling the iPhone 6 and 6 Plus months ago to promote newer models.
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Apple has appealed the order and it is currently stayed pending review by the Beijing IP court.
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