iPhone's AI Limits in China Fuel 5% Sales Dip
Portfolio Pulse from
Apple's iPhone sales in China fell by 5% due to stronger competition and the absence of AI features in the Chinese market, as reported by Bloomberg News.
January 13, 2025 | 12:00 pm
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Apple's iPhone sales in China decreased by 5% due to competition and missing AI features, affecting its revenue in a key market.
The 5% decline in iPhone sales in China, Apple's largest market outside the U.S., is significant. The lack of AI features in Chinese models and increased competition from local brands are key factors. This could negatively impact Apple's short-term revenue and stock price.
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