Apple (AAPL) Cuts Prices on iPhones in China

Apple (AAPL) iPhone shipments rose 40% in May, according to Bloomberg. Kevin Green talks about how Apple has been cutting prices on the iPhone in China ahead of the June 18th shopping festival. An Oppenheimer analyst notes that the approach of bringing A.I. to consumers coupled with a unique ecosystem advantage could result in faster-than-expected acceleration of growth for Apple.

Trading 360

28 Jun 2024

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