LeEco CEO Jia Yueting Says Apple Is ‘Outdated’

CNBC:

Apple is “outdated” and losing momentum in China, billionaire entrepreneur Jia Yueting told CNBC in his first international television interview.

Jia is chief executive and chairman of Chinese conglomerate LeEco (formerly LeTV), which is best known for being the “Netflix of China,” but has a product range that includes smartphones, televisions, mountain bikes and, most recently, electric vehicles.

As Michael Simmons quipped, that’s pretty rich coming from “the guy wearing gray sneakers, long-sleeved black t-shirt, and jeans.”

★ Monday, 25 April 2016