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As China's financial market has developed into one of the biggest in the world, it is proper to consider the cross-border circulation of financial resources as an important aspect of the international cycle and high-standard opening-up efforts.

Apple seized the moment and brilliantly played its hand. Taking advantage of the Publisher Defendants’ fear of and frustration over Amazon’s pricing, as well as the tight window of opportunity created by the impending launch of the iPad on January 27 (the “Launch”), Apple garnered the signatures it needed to introduce the iBookstore at the Launch. It provided the Publisher Defendants with the vision, the format, the timetable, and the coordination that they needed to raise e-book prices. Apple decided to offer the Publisher Defendants the opportunity to move from a wholesale model — where a publisher receives its designated wholesale price for each e-book and the retailer sets the retail price — to an agency model, where a publisher sets the retail price and the retailer sells the e-book as its agent.

As China's center of scientific and technological innovation, Beijing has been a pioneer in developing self-driving technology.

Apple closed its stores in China and didn't reopen them until March. As the coronavirus spread, Apple closed stores around the world. As a result, Apple faced three problems in the quarter: supply constraints, sales outlets closure and a sharp reduction in demand as shelter-in-place orders took effect in its markets.

Apple announced Arcade for the first time early this year, and Arcade-based games can be played on iPhones running iOS 13, the latest Apple operating system that was released earlier in the day.