Apple Stock May Fall
Here’s Why Apple’s iPhone Market Share in China Is Plunging
Why did Apple suffer an 18.2 percent decline in holiday quarter iPhone sales in China? Chinese consumers prefer smartphones from rivals, noted Bloomberg. Huawei’s sales increased 15.5 percent in the quarter. “This is the first time since the U.S. ban that Huawei regained the leading position,” Counterpoint analyst Mengmeng Zhang told Bloomberg.
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