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Apple Stock Resists Tech Selloff. There’s Good News on iPhone Sales.

1. Apple shares fell 1% but outperformed other tech peers. 2. iPhone sales in China rose 22% post-iPhone 17 launch. 3. Apple is cutting App Store fees for mini-app developers globally. 4. New fees may enhance revenue from WeChat's mini-app ecosystem. 5. Limited AI spending protected Apple from tech sector selloff.

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FAQ

Why Bullish?

Strong iPhone sales in China signify positive market reception and revenue potential.

How important is it?

Strong sales and revenue changes in China significantly affect AAPL’s performance.

Why Short Term?

Immediate revenue impacts from App Store fee changes will likely be seen soon.

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