Apple has ‘worst annual performance' in China as smaller rivals dethrone iPhone champ
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Apple is experiencing its worst annual performance in China, with smaller rivals surpassing the iPhone. The lack of artificial intelligence capabilities in the latest iPhones is a contributing factor.
January 17, 2025 | 12:15 am
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Apple's iPhone is losing market share in China to smaller rivals, marking its worst annual performance. The absence of AI capabilities in the latest models is a significant factor.
Apple's declining performance in China, a major market, is due to increased competition from smaller rivals and the lack of AI features in its latest iPhones. This could negatively impact Apple's stock price in the short term as market share loss in a key region is a significant concern for investors.
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