Crisis in China for Apple as iPhone sales dry up and Trump threatens to make things worse
Tech giant Apple could be hit hard if Donald Trump decides to unleash trade tariffs on China after the firm revealed a shock drop in iPhone sales in the Chinese market. Apple reported its total revenue from the Far Eastern nation registered £14.3 billion for the last financial year, an 11% decrease from the previous year.
Apple's iPhone sales during the holiday season slipped despite a highly anticipated AI rollout
San Francisco — Apple on Thursday disclosed its iPhone sales dipped slightly during the holiday-season quarter, signaling a sluggish start to the trendsetting company’s effort to catch up to the rest of Big Tech in the race to bring artificial intelligence to the masses.
Apple stock lifted following guidance for the current quarter after the company reported a drop in ​iPhone and China sales.
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Apple’s report Thursday afternoon is the latest in a busy week for earnings and will provide a test for the iPhone maker’s ...
Apple struggles with iPhone sales in China and rising competition. See why AAPL stock may be at risk amid a stagnant market ...
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