Chinese iPhone Sales Plummet 20% As Huawei Cements Market Dominance
Zero Hedge -

After offering ample, market-rattling warnings that its Q1 (a quarter that encompasses the holiday sales season) sales wouldn't live up to the expectations set in prior years, Apple confirmed in its earnings report that its holiday-quarter revenue declined for the first time since 2001, thanks largely to an unprecedented slowdown in China (long identified as a key growth market for the American consumer-tech giant), as the weaker yuan and a widespread aversion to American companies amid a...

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