Apple iPhone Sales Grow in China for First Time Since 2023 on Promotions
1. Apple's iPhone sales in China grew 8% this quarter, marking a recovery. 2. The growth was boosted by promotional pricing of the iPhone 16 lineup. 3. Sales increase occurred before China's 618 shopping festival, aiding customer interest. 4. Huawei's sales increased 12%, indicating strong competition in the Chinese market. 5. Apple shares rose slightly, though overall stock down 15% this year.