Market Movers has summarized the latest reactions to Apple from investors and analysts. Ahead of a busy holiday season, the tech giant’s iPhone 15 sales in China fell 4.5% year-on-year after 17 days on the market, according to an estimate from Counterpoint Research. Earlier this week, Jefferies reported that Huawei has overtaken Apple as the smartphone market leader in China. Apple closed Wednesday’s trading session down 0.7%. It is currently in the portfolio of Jim Cramer’s Charitable Trust. The company is scheduled to report earnings on November 2nd.
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October 19, 2023
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