This would be a blow to Apple both as a manufacturing partner and a big market for its products as China had become the world's largest iPhone market in the Q2 of 2023 accounting for 24% of all iPhone shipments, while Apple's US market stood at 21% according to The South China Morning Post. All this has led to Apple shares falling by as much as 6% wiping out USD 200 billion of value in the stock market just two days after the report of the ban was made public. Read more in our articles including "China expands ban on iPhones for government use, including local officials" and "Apple iPhone 12, 12 mini in Purple now official".
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Mar 26, 2019This would be a blow to Apple both as a manufacturing partner and a big market for its products as China had become the world's largest iPhone market in the Q2 of 2023 accounting for 24% of all iPhone shipments, while Apple's US market stood at 21% according to The South China Morning Post. All this has led to Apple shares falling by as much as 6% wiping out USD 200 billion of value in the stock market just two days after the report of the ban was made public.
Our coverage of apple stock market includes: "China expands ban on iPhones for government use, including local officials"; "Apple iPhone 12, 12 mini in Purple now official"; "7 Weird Apple Products You Never Knew Existed". Each article provides unique insights and information.