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Apple CEO Tim Cook delivers the keynote address during the 2020 Apple Worldwide Developers Conference at Steve Jobs Theater in Cupertino, California, US, on June 22, 2020. [Photo/Agencies]

Apple has lowered its revenue forecast for the first time in almost two decades, citing weakening demand and lower-than-expected iPhone revenue in China as some of the factors. The US tech heavyweight also slashed the price of some its iPhone models by up to about 800 yuan (8) for its channel partners in China.

Apple is stuck between two major competitors when it comes to obtaining cloud space. Historically, the iPhone maker has used Amazon Web Services and Microsoft Azure to store data and, while analysts have predicted it would turn away from AWS soon, heading over to Google didn’t quite seem like the move Apple would make.

Apple, with this morning’s announcement, goes further by saying it will no longer retain audio recordings by default, instead requiring users to opt in if they want to participate. Here is Apple’s summary of the changes it’s planning to make.

As China accelerates the construction of 5G networks this year, more cities will be covered with the superfast technology, which will spur consumers to quickly upgrade their devices, analysts said.