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Apple worries mount on flailing Chinese iPhone sales

Apple Inc (NASDAQ:AAPL, ETR:APC) shares suffered another blow on Tuesday, opening 2.2% lower after Counterpoint Research flagged a worrying decline in iPhone demand in China. Apple’s iPhone struggled during the first six weeks of the year due to resurgent competition from domestic competitor Huawei, with sales down 24%, said researchers. Huawei shocked the international technology community last September when a breakdown of its flagship Mate 60 handset unveiled a technology stack significantly more advance ...