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-0.000348599067497549 -0.00061004836812068 -0.000479323717809114 0.000915072552180958 0.00130724650311553 -0.000958647435618105 -0.000326811625778851 -0.000305024184060278
Stock impact report

Apple's iPhone sales fall during China's Singles' Day shopping festival, report shows [Yahoo! Finance]

Apple Inc. (AAPL) 
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
Company Research Source: Yahoo! Finance
competition from mainland smartphone rivals and weak domestic consumption , according to a new report. The country's two-week Singles' Day sales period this year yielded "a double-digit, year-on-year decline in iPhone sales", as Apple "faced pressure from an abnormally high number" of new flagship smartphone models that domestic competitors launched just before and during the annual shopping extravaganza, according to a report published on Wednesday by Counterpoint Research. The report did not provide the exact percentage drop or the fewer number of iPhone sales that Counterpoint tracked during the event's sales period, which ran from October 28 to November 10. Do you have questions about the biggest topics and trends from around the world? Get the answers with SCMP Knowledge , our new platform of curated content with explainers, FAQs, analyses and infographics brought to you by our award-winning team. This year's Singles' Day debacle for Apple, which saw iPhone 16 prices slas Show less Read more
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