Content about Apple

Mark Twain once said: "If you don't read the newspaper, you're uninformed. If you read the newspaper, you're misinformed." Echoing Twain's adage, the African American human rights activist Malcolm X also opined: "The media is the most powerful entity on earth. They have power to make innocent guilty and to make the guilty innocent..."

Many economists, analysts and commentators in China have dismissed the so-called insourcing by Apple and some other multinational companies as nothing but isolated cases that pose no real and immediate threat to China's industrial might.

They contend that even allowing for further increases in workers' wages and an uptake in inflation, the cost of manufacturing in China will remain significantly lower than the cost of manufacturing in developed countries. For that reason, they believe that any talk about the demise of globalization is premature.

Despite mixed reactions upon its launch, the iPhone 5 has become a hot ticket item and is in short enough supply to have created a market for scalpers on the Chinese mainland and in Hong Kong. 

Scalpers have been reselling the hard-to-get iPhone 5 for up to 3,000 yuan ($480) more than the fixed price set by Apple. 

On the economic front, Hong Kong has implemented since the colonial days till the final days of the Donald Tsang administration “positive non-interventionism”. The new Leung Chun-ying government is well-advised to adopt a “pro-active non-interventionist” economic policy to boost the territory’s economic growth and lay a solid foundation for the next several decades.

Hong Kong mobile phone manufacturers in Dongguan, Guangdong province, where half of the country's mobile phones are produced, are experiencing dramatic fluctuations. Their clients - major phone companies, such as Apple and Samsung - faced with fierce competition are making major changes. While some companies are thriving, many more may not survive. Michelle Fei reports.

To no one's surprise, two days before the latest smart phone, the Apple's iPhone 5, went on sale, people started queuing up in front of the Apple store near Central Park, in New York City.

After Apple Inc unveiled its latest smartphone - the iPhone 5 - in the United States on Wednesday, Chinese gray-market dealers didn't waste any time preparing to get their hands on the already popular handset. 

Because the company, once again, didn't put the Chinese mainland into its first group of countries and regions to sell its new product, dealers in the Chinese market are looking at other ways to get their customers the new phone. 

Yu Runze is not only a fan of Apple products but wants to work for the company when he graduates from college in computer science.

The 19-year-old high school graduate is typical of many of China’s new young consumers.

He was one of hundreds of shoppers who crammed into the Apple store at the Joy City shopping mall in Xidan, Beijing.

“I came to the store to learn more about the new MacBook Pro. I like the design of Apple products,” he says.

Jibin Arjunan paces the rows of cubicles in the spacious software outsourcing center in Shanghai as his team of employees gets ready to address the daily concerns and problems of customers spread across Europe and the US.

Few of the employees at the center are Indians or Westerners. Most are young Chinese IT professionals, or, in some cases, fresh college graduates, who are harnessing their software development capabilities for global solutions at the Shanghai center of Indian IT company Wipro Technologies.