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88 days

Apple raises trade-in prices for iPhones in China to spur demand in key market

1. Apple increased trade-in values for iPhones to boost sales in China. 2. iPhone 15 Pro Max trade-in value raised to $791 amid declining market share. 3. China shipments fell 8% year-on-year, market share decreased from 15% to 13%. 4. Xiaomi and Huawei are increasing competition with new device launches. 5. Apple faces supply chain challenges and ongoing tariff discussions with the U.S.

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FAQ

Why Bearish?

Declining sales and market share in China, compounded by rising competition, may negatively affect AAPL's stock price. Similar past trends show that reduced market performance in China has historically led to stock price declines.

How important is it?

The article discusses critical factors influencing AAPL's performance in its second-largest market, which is vital for investor sentiment and stock pricing.

Why Short Term?

Recent data suggests immediate concern regarding AAPL’s China market performance impacts quarterly sales results. Historically, quick impacts on stock occur with substantial shifts in demand.

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