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Huawei reclaims No. 1 smartphone spot in China — and Apple returns to growth

1. Huawei regained top position in China's smartphone market with 18% share. 2. Apple's shipments rose to 10.1 million, marking growth in China for the first time. 3. Apple adjusted iPhone 16 pricing, helping regain traction despite intense competition. 4. Apple's stock fell 14.5% this year due to geopolitical concerns and competition. 5. Huawei's HarmonyOS 5 rolling out, increasing competition for Apple's ecosystem.

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FAQ

Why Bullish?

Apple's return to growth in China signals improved performance amid competition.

How important is it?

Data indicates a reversal of trend in China, critical for AAPL's recovery.

Why Short Term?

Immediate market reaction expected from upcoming earnings report and growth metrics.

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