$Apple(AAPL)$ Apple has taken another decisive step toward reinforcing its dominance in the world’s largest smartphone market — China. After more than a year of behind-the-scenes negotiations, Apple and Tencent have reached an agreement that could reshape digital commerce inside China’s most important social platform: WeChat. Under the new arrangement, Apple will oversee in-app transactions within WeChat’s mini-program ecosystem and collect a 15% commission on mini-game spending and virtual purchases. While this is lower than Apple’s traditional 30% App Store cut, the target market is enormous — WeChat hosts more than a billion active users and processes trillions of yuan in digital transactions annually. This raises a timely question as Apple’s s
Apple × Tencent Team Up: Can Apple Stock Hit $300 by Year-End?
Tencent has reached an agreement with Apple under which Apple will handle payments and take a 15% commission from in-app purchases and mini-games on WeChat. The resolution — following more than a year of negotiations between the two tech giants — opens up a new revenue stream for Apple while easing pressure on Tencent. Is this deal a win-win? Why Apple keep hitting new highs although it has nothing to do with AI? Can iPhone 17 push stock to $300 at year end?
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