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Apple iPhone sales plummet by 35% in China

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Apple Inc. has recently seen weak iPhone sales in China, according to Credit Suisse, adding to recent caution about the region. Shipments of the iPhone fell 35.4% on a year-over-year basis in November, “significantly lagging the 0.2% y/y increase in the broader Chinese smartphone market,” claims analyst Matthew Cabral. Apple’s share of the Chinese smartphone […]

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