China's yuan devaluation could hurt Apple sales, boost supplier profits, analysts say

The Chinese government’s decision to deliberately devalue the yuan on Tuesday could have a serious impact on sales of the iPhone and other Apple products, but under the right conditions prove a boon to suppliers like Hon Hai/Foxconn and Pegatron, analysts said.

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Apple to donate $1.6M for earthquake relief in China – report

Apple is said to have committed some 10 million yuan — $1.6 million — to support relief efforts following an earthquake in China’s Yunnan province earlier this week that left over 600 people dead, the second time in as many years that the iPhone maker has pledged significant financial aid in the wake of a natural disaster.



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