{"id":2485,"date":"2015-08-24T08:07:55","date_gmt":"2015-08-24T15:07:55","guid":{"rendered":"http:\/\/kmtechblog.com\/?p=2485"},"modified":"2015-08-24T08:07:55","modified_gmt":"2015-08-24T15:07:55","slug":"rare-tim-cook-email-assures-china-growth-as-apple-slides","status":"publish","type":"post","link":"https:\/\/kmtech.blog\/?p=2485","title":{"rendered":"Rare Tim Cook email assures China growth as Apple slides"},"content":{"rendered":"<p>Shares of Apple stock were trading below $100 pre-market opening on Monday, down from a 52-week high of $134.54, and\u00a0while investors are largely seeing a lot of industries experiencing what some analysts are calling a market correction, Apple\u2019s CEO Tim Cook is still bullish on the company\u2019s position. In an email to\u00a0<em>CNBC<\/em> anchor and former banker Jim Cramer, Cook provided rare insight into Apple\u2019s performance ahead of earnings.<\/p>\n<p><!--more--><\/p>\n<p>\u201cI get updates on our performance in China every day, including this morning, and I can tell you that we have continued to experience strong growth for our business in China through July and August,\u201d Tim Cook said. \u201cGrowth in iPhone activations has actually accelerated over the past few weeks, and we have had the best performance of the year for the App Store in China during the last two weeks.\u201d Cook added that Apple\u2019s performance during the quarter so far is \u201creassuring\u201d and that Apple sees huge potential in the growing middle class in China over the next several years.<\/p>\n<p>Apple has long said it expects a lot of its continued growth from China, so Tim Cook\u2019s comments on the market are important, especially for folks who expect it to continue to post record-breaking iPhone sales. The company\u2019s new iPhones, iPads and possible Apple TV unit are expected in September. Perhaps those new products will help Apple rebound.<\/p>\n<p>Take a look at the full email to Cramer below:<\/p>\n<p><a href=\"http:\/\/kmtechblog.com\/wp-content\/uploads\/2015\/08\/cramer-email.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-2486\" src=\"http:\/\/kmtechblog.com\/wp-content\/uploads\/2015\/08\/cramer-email.jpg\" alt=\"cramer-email\" width=\"600\" height=\"823\" srcset=\"https:\/\/kmtech.blog\/wp-content\/uploads\/2015\/08\/cramer-email.jpg 600w, https:\/\/kmtech.blog\/wp-content\/uploads\/2015\/08\/cramer-email-219x300.jpg 219w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Apple stock were trading below $100 pre-market opening on Monday, down from a 52-week high of $134.54, and\u00a0while investors are largely seeing a lot of industries experiencing what some analysts are calling a market correction, Apple\u2019s CEO Tim Cook is still bullish on the company\u2019s position. In an email to\u00a0CNBC anchor and former [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":2487,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[4],"tags":[35],"class_list":["post-2485","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-apple","et-has-post-format-content","et_post_format-et-post-format-standard"],"_links":{"self":[{"href":"https:\/\/kmtech.blog\/index.php?rest_route=\/wp\/v2\/posts\/2485","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kmtech.blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kmtech.blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kmtech.blog\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/kmtech.blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2485"}],"version-history":[{"count":0,"href":"https:\/\/kmtech.blog\/index.php?rest_route=\/wp\/v2\/posts\/2485\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/kmtech.blog\/index.php?rest_route=\/wp\/v2\/media\/2487"}],"wp:attachment":[{"href":"https:\/\/kmtech.blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2485"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kmtech.blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2485"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kmtech.blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2485"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}