Apple Stock May Fall

Apple's China problems keep weighing on the stock
Apple faced two downgrades ahead of earnings, with analysts citing weak iPhone demand. China continues to be a headwind for sales.
Apple Stock May Fall As China IPhone Sales Plunge
In China, Apple’s second largest market, iPhone sales fell 18% in the December ending quarter, according to Bloomberg.
Apple stock falls after downgrade, and other movers
Apple shares are down 1.3% after Jefferies downgraded the tech giant from Hold to Underperform and reduced the price target from $211.84 to $200.75, citing weak iPhone sales. Shares of Walgreens Boots Alliance are falling 7% after the U.S. Justice Department sued the drugstore chain for allegedly helping fuel the opioid crisis.
Apple iPhone Sales Plunged 18% in China Over Holidays, Research Shows
Sales of Apple Inc. iPhones dived 18.2% in China during the December quarter, according to independent research, a major setback for the company in its biggest market after the US.
Apple Falls to Third Place in China's Smartphone Market Amid Sales Decline
Apple has experienced a significant decline in iPhone sales in China, dropping from the leading position to third place in the
Apple’s China Sales Fall Apart
Apple Inc. (NASDAQ: AAPL) iPhone sales are dropping rapidly and sharply in China. The nation is the world’s largest smartphone market by far, with about a billion smartphone users. The U.S. market has closer to 310 million.

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