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Jan 8, 2024

Apple’s China headache worsens as iPhone faces double-digit sales slump

Posted by in category: mobile phones

The slow start from Apple’s latest offering recently expanded to a 30% year-on-year decline, Bloomberg reported, citing Jefferies analysts led by Edison Lee.

Apple isn’t likely to see its iPhone sales recover from this sluggish start, per Jefferies analysts, which forecast a double-digit drop in volumes for 2024. The company saw a similar decline in December, per Bloomberg.

Apple’s relationship with China has been under strain recently.

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