|I can see across the ocean from up here.|
According to the post by Paul Mozur and Jane Perlez, Apple is having problems in China. China's State Administration of Press, Publication, Radio, Film and Television regulator shut down Apple's iBooks Store and iTunes Movies. One reason for the shut down may be that these two are in competition with some Chinese Internet companies. Speculation is that Apple Pay may be next because it too is in competition with other Chinese companies.
Panzer says, "It seems to this little kitty ... If you're a U.S. company and successful in China, you are going to get spanked and sent home."
This is a long and complicated post. You will need a cup of tea and two muffins for today's read.
To read the post, tootle over to Apple