October DealsAmazon USOctober deal check: compare before you payAmazon US: current deals, useful picks and tech finds.Check DealsClean PCRecommendedOne scan can reveal what keeps slowing WindowsLook for cleanup and repair opportunities.Run ScanOctober DealsAmazon USDeal season is back - check today's better picksAmazon US: current deals, useful picks and tech finds.See Picks×
Skip to content
The Finance Base
The Money Desk · Blog
Re:

Tim Cook in Shanghai: Could Apple’s New Store Help iPhone Sales?

Apple Jing’an opened amid a reported China iPhone sales decline, but the available figures do not show whether the Shanghai store changed sales.
From TheFinanceBase Team3 min to read
Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

Apple Jing’an opened in Shanghai on March 21, 2024, as Apple faced a reported early-year iPhone sales decline in China. The store was a major new retail presence, but the available reporting does not show that it reversed the decline or increased sales.

What happened when Apple Jing’an opened?

Apple announced on March 18, 2024, that its new store near Jing’an Temple and Jing’an Park would welcome customers three days later. Apple called it the company’s eighth store in Shanghai and said its team numbered 150. The Shanghai Municipal Government placed it on West Nanjing Road in Jing’an district.

The municipal government reported 3,835 square meters of floor space and investment of more than 83.4 million yuan ($11.6 million). It described Apple Jing’an as Apple’s second-largest flagship store, after the Fifth Avenue location in New York; those size and investment figures are the government’s reported figures.

The store was designed for more than product display. Apple described a public plaza, a Forum for free Today at Apple sessions, a Boardroom for business advice and training, and an Apple Pickup station. Staff could assist customers with setup, support, switching to iOS, trade-in and financing. Apple said the store displayed the iPhone 15 lineup, MacBook Air models with M3, and Apple Watch products. That is a description of the opening-period display, not a statement about Apple’s current lineup.

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.
#1 Best Overall
Apple iPhone 14, 128GB, Midnight - Unlocked (Renewed)
  • This phone is unlocked and compatible with any carrier of choice on GSM and CDMA networks (e.g. AT&T, T-Mobile, Sprint, Verizon, US Cellular, Cricket, Metro, Tracfone, Mint Mobile, etc.).
  • Please check with your carrier to verify compatibility.
  • The device does not come with headphones or a SIM card. It does include a generic (Mfi certified) charging cable.
  • Tested for battery health and guaranteed to have a minimum battery capacity of 80%.

What did the sales figures show?

A March 12, 2024, report from the Shanghai Municipal Government, citing a March 5 Counterpoint Research report, said iPhone sales fell 24% year over year in China during the first six weeks of 2024. It also reported that Huawei smartphone unit shipments rose 64% over the same period.

Measure Reported change Period and attribution
iPhone sales in China Down 24% year over year First six weeks of 2024; Counterpoint Research, as cited by the Shanghai Municipal Government
Huawei smartphone unit shipments Up 64% year over year First six weeks of 2024; Counterpoint Research, as cited by the Shanghai Municipal Government

These are not identical measures: one figure refers to iPhone sales and the other to Huawei smartphone unit shipments. Both figures describe China and the same six-week period, but they should not be treated as a direct like-for-like comparison of the same metric. The attribution is also indirect: the municipal report cites Counterpoint, rather than being Counterpoint’s own publication.

Rank #2
Apple iPhone 16 Pro Max, 1TB, Desert Titanium - Unlocked (Renewed)
  • 6.9" LTPO Super Retina XDR OLED, 120Hz, HDR10, Dolby Vision, 1320x2868px at 460ppi, 1000 nits (typ), 2000 nits (HBM), 4685mAh Battery
  • 1TB, 8GB RAM, Apple A18 Pro (3nm), Hexa-core (2x4.05 GHz + 4x2.42 GHz), Apple GPU 6-core, iOS 18, upgradable to iOS 18.3
  • Rear camera: 48MP, f/1.8 (wide) + 12MP, f/2.8 (periscope telephoto) 5x optical zoom + 48MP, f/2.2 (ultrawide), TOF 3D LiDAR scanner (depth), Front Camera: 12MP, f/1.9 (wide)
  • 2G: 850/900/1800/1900, 3G: HSDPA 850/900/1700(AWS)/1900/2100, 4G LTE: 1/2/3/4/5/7/8/12/13/14/17/18/19/20/25/26/28/29/30/32/34/38/39/40/41/42/48/53/66/71, 1/2/3/5/7/8/12/14/20/25/26/28/29/30/38/40/41/48/53/66/70/71/75/76/77/78/79/258/260/261 SA/NSA/Sub6/mmWave - Dual eSIM
  • Unlocked for freedom to choose your carrier. Compatible with both GSM & CDMA networks. The phone is unlocked to work with all GSM Carriers & CDMA Carriers Including AT&T, T-Mobile, Verizon, Sprint., Etc.

Could the store help Apple compete with Huawei?

A prominent store can give customers a place to see devices, get help, collect online orders and attend free sessions. Apple Jing’an’s size and service offerings show the company made a substantial retail investment in Shanghai. They do not, by themselves, establish how many additional iPhones it sold or whether customers switched from Huawei.

The store opening and the reported sales decline were part of the same business context, not evidence of cause and effect. The available reports do not measure Apple Jing’an’s sales or establish that it produced a recovery.

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.
Rank #3
Apple iPhone 15, 128GB, Black - Unlocked (Renewed)
  • 6.1inch Super Retina XDR display. Aluminum with color-infused glass back. Ring/Silent switch
  • Dynamic Island. A magical way to interact with iPhone. A16 Bionic chip with 5-core GPU
  • Advanced dual-camera system. 48MP Main | Ultra Wide. Super-high-resolution photos (24MP and 48MP). Next-generation portraits with Focus and Depth Control. 4X optical zoom range
  • Emergency SOS via satellite. Crash Detection. Roadside Assistance via satellite
  • Up to 26 hours video playback. USB C, Supports USB 2. Face ID
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.Support on Ko-Fi

How does later China revenue context fit?

The Associated Press reported on January 30, 2025, that Apple’s total revenue in China was $18.5 billion, down 11% year over year, in the October–December 2024 quarter. That is regional revenue across Apple’s business, not an iPhone-only sales figure, and it covers a different period from Counterpoint’s first-six-weeks-2024 comparison. AP also reported that Apple Intelligence was not yet available in China at that time.

The later revenue figure offers broader context about Apple’s China business, but it cannot be used as a measure of Apple Jing’an’s impact or as a direct continuation of the earlier iPhone sales statistic.

Quick Recap

Bestseller No. 1
Apple iPhone 14, 128GB, Midnight - Unlocked (Renewed)
Apple iPhone 14, 128GB, Midnight - Unlocked (Renewed)
Please check with your carrier to verify compatibility.; Tested for battery health and guaranteed to have a minimum battery capacity of 80%.
$300.00
Bestseller No. 3
Apple iPhone 15, 128GB, Black - Unlocked (Renewed)
Apple iPhone 15, 128GB, Black - Unlocked (Renewed)
Dynamic Island. A magical way to interact with iPhone. A16 Bionic chip with 5-core GPU; Emergency SOS via satellite. Crash Detection. Roadside Assistance via satellite
$409.99
Bestseller No. 4
Apple iPhone 13, 128GB, Midnight - Unlocked (Renewed)
Apple iPhone 13, 128GB, Midnight - Unlocked (Renewed)
There will be no visible cosmetic imperfections when held at an arm’s length.; Product may come in generic Box.
$262.00
Bestseller No. 5
Apple iPhone 15 Pro Max, 256GB, Blue Titanium - Unlocked (Renewed)
Apple iPhone 15 Pro Max, 256GB, Blue Titanium - Unlocked (Renewed)
Dynamic Island. A magical way to interact with iPhone. A17 Pro chip with 6-core GPU; Emergency SOS via satellite. Crash Detection. Roadside Assistance via satellite
$638.00
Best Value
Apple iPhone 15 Pro Max, 256GB, Blue Titanium - Unlocked (Renewed)
  • 6.7inch Super Retina XDR display. ProMotion technology. Always-On display. Titanium with textured matte glass back. Action button
  • Dynamic Island. A magical way to interact with iPhone. A17 Pro chip with 6-core GPU
  • Pro camera system. 48MP Main | Ultra Wide| Telephoto. Super-high-resolution photos (24MP and 48MP). Next-generation portraits with Focus and Depth Control. Up to 10x optical zoom range
  • Emergency SOS via satellite. Crash Detection. Roadside Assistance via satellite
  • Up to 29 hours video playback. USB-C, Supports USB 3 for up to 20x faster transfers. Face ID
Rank #4
Apple iPhone 13, 128GB, Midnight - Unlocked (Renewed)
  • This pre-owned product is not Apple certified, but has been professionally inspected, tested and cleaned by Amazon-qualified suppliers.
  • There will be no visible cosmetic imperfections when held at an arm’s length.
  • This product is eligible for a replacement or refund within 90 days of receipt if you are not satisfied.
  • Product may come in generic Box.

Sources

Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.

Leave a Reply

Your email address will not be published. Required fields are marked *

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

More post from the Money Desk

  1. The Money DeskBlogTheFinanceBase09 OCT 267 minMortgage Escrow FAQs: Taxes, Insurance, Shortages, and Refunds
  2. The Money DeskBlogTheFinanceBase09 OCT 265 minHow Mortgage Escrow Accounts Work and What Homeowners Pay For
  3. The Money DeskBlogTheFinanceBase09 OCT 265 minHow to Read a Stock Chart, Volume and Market-Cap Data
Recommended PC Tool
Recommended PC Tool
Crashes, No Sound, or Screen Glitches?Free driver scan
Windows Errors? Fix Them Before They SpreadFree repair scan

Two free Windows tools

One Free Minute Could Fix That PC

Before you go - each of these free tools takes about a minute and tackles what quietly slows a Windows PC down.

Special offer. View Outbyte info, uninstall instructions, EULA, and Privacy Policy.