Chinese newspaper 21st Century Business Herald reports the tech giant did not reach an agreement with China's Ministry of Industry and Information Technology in September and might not reach one until 2015, according to MarketWatch.
Apple also confirmed to Cult of Mac on Tuesday that its near field communication chip in the iPhone 6 and iPhone 6 Plus would be exclusive to Apple Pay for at least one year, which means developers would not be able to use the chip in third-party applications during that time.
The stock was down 1.25% to $100.36 at 10:17 a.m.
Separately, TheStreet Ratings team rates APPLE INC as a "buy" with a ratings score of A+. TheStreet Ratings Team has this to say about their recommendation:
"We rate APPLE INC (AAPL) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, expanding profit margins and solid stock price performance. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook."