iPhone sales in China likely to fall double digits: Jefferies
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Apple Inc. faces a continued decline in iPhone sales in China, despite new releases, as it battles local competition and a nationalistic surge favoring domestic brands like Huawei.
(Bloomberg) -- Amazon.com Inc. shares are poised to resume their gains after a rough start to 2024, putting the stock on track for a long-awaited return to record high levels posted more than two years ago.Most Read from BloombergMusk’s Drug Use Concerns Tesla, SpaceX Leaders, WSJ SaysKey Piece of Boeing 737 Found in Hunt for Clues on BlowoutChina Says It Caught Foreign Consultant Spying for UK’s MI6That, at least, is the view among analysts, with some 97% of those tracked by Bloomberg recommend
Apple appears to be facing an uphill battle to reverse falling iPhone sales in China, with last year's double-digit decline projected to deepen through 2024…
IPhone sales slump in China is deepening and Apple is likely to see volumes decline further this year, according to Jefferies analysts led by Edison Lee — as noted by Bloomberg. The analyst says the tech giant latest generation got off to an atypically sluggish start in China last year, which mos