Indonesia agrees to terms with Apple to lift iPhone sales ban: Source
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Indonesia has reached an agreement with Apple to lift the ban on iPhone 16 sales, concluding prolonged negotiations.
February 25, 2025 | 2:15 pm
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Apple has successfully negotiated with the Indonesian government to lift the ban on iPhone 16 sales, potentially boosting its market presence and sales in the region.
The lifting of the sales ban on iPhone 16 in Indonesia allows Apple to access a significant market, likely increasing sales and revenue. This development is positive for Apple's stock in the short term as it expands its market reach.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90