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CosmicTaco

Apple's Struggles in China Amid Sales Decline

  • Apple's foreign-branded smartphone shipments in China dropped 47.4% in November YoY, marking the fourth consecutive month of decline.
  • Chinese consumer prices fell to a five-month low in November, impacting household spending and contributing to Apple's market struggles.
  • In response, Apple launched a rare four-day promotion in China to boost sales amid fierce competition from Huawei.

Source: Reuters

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14mo ago
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