Apple’s other China problem

Hi it's Shelly. Apple's betting on a slew of new digital services announced this week to help make up for slowing sales of its pricey iPhones. The idea is that if users spend more on video streaming, gaming, news, and payments, it won't matter if they aren't replacing their devices as often.

The strategy shift might sound good in Cupertino, Calif. but it's going to be much harder to implement globally, particularly in China where it faces dominant homegrown competition, censorship controls, and government regulation.