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0.000235856188201066 0.000634997429772246 0.000634997429772246 0.000453569592694437 0.00353784282301702 0.00232832390916507 0.00704484291373099 0.00211665809924099
Stock impact report

Apple iPhone sales drop 19% in China as demand for Huawei smartphones soars, research says [MSNBC.com]

Apple Inc. (AAPL) 
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
Company Research Source: MSNBC.com
TOPSHOT - The Apple iPhone 15 series is displayed for sale at The Grove Apple retail store on release day in Los Angeles, California, on September 22, 2023. (Photo by Patrick T. Fallon / AFP) (Photo by PATRICK T. FALLON/AFP via Getty Images)Patrick T. Fallon | Afp | Getty ImagesApple'sApple saw sales of its iPhones fall 19.1% in the first three months of the year, Counterpoint's data showed, as Chinese telecommunications and consumer electronics giant Huawei saw a resurgence in its smartphone business.The Shenzhen, China-based firm saw sales of its smartphones surge a whopping 69.7% in the first quarter, Counterpoint said.This was thanks in no small part to the launch of Huawei's Mate 60 smartphone, which comes with a high-end chip that supports next-generation 5G mobile connectivity.Starting in 2019, the U.S. slapped sanctions on Huaweiin an effort to stop it from accessing such technologywiping out Huawei's smartphone businessNow Huawei is staging a comeback. The company is the four Show less Read more
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