Apple Inc Chief Executive Tim Cook plans to visit Beijing later this month to meet high-level government officials James Bradberry Game Jersey , at a time when it is facing some setbacks in its most important overseas market, Ruuters reported quoting source familiar with the matter.
Cook has frequently traveled to China since taking the helm of Apple five years ago, but his latest visit comes during a critical period.
Apple CEO Tim Cook speaks during an event at Apple headquarters in Cupertino Taylor Moton Game Jersey , California March 21, 2016. REUTERS
From weakening smartphone sales to the loss of an iPhone trademark dispute and the suspension of some of its online entertainment services, the U.S. technology giant has been facing a flurry of problems in recent weeks in its second-largest market after the United States.
That has raised concerns over Apple's growth momentum Christian McCaffrey Game Jersey , as the company reported last week its first quarterly revenue drop in 13 years.
Last week, billionaire activist investor Carl Icahn said in an interview with cable television network CNBC that he had sold his entire stake in Apple, citing China's economic slowdown.
During his China visit Ian Thomas Game Jersey , Cook plans to meet senior government and Communist Party leaders.
Apple did not respond to Reuters' requests for comments.
Despite growing concerns over its China business - Apple reported its revenue from Greater China, which includes Hong Kong and Taiwan, dropped 26 percent last quarter - Cook has been optimistic.
"I see China as may not have the wind at our backs that we once did but it's a lot more stable than what I think is the common view of it Donte Jackson Game Jersey ," he said during the company's earnings call last week. "We remain really optimistic on China."