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Apple CEO Tim Cook makes surprise visit to China as iPhone 15 gets off to a challenging start - TL;DR CNBC

Apple CEO Tim Cook makes surprise visit to China as iPhone 15 gets off to a challenging start

Publishing timestamp: 2023-10-17 05:54:36


Summary

Apple CEO Tim Cook visited China to cheer on gamers and highlight the market's importance to the company. This visit comes after the lukewarm reception of the iPhone 15 and as Huawei attempts to make a comeback in the mobile market. iPhone 15 sales in China are down compared to the previous model, and Apple is facing challenges due to poor consumer sentiment, competition, and the performance of the new iPhone.


Sentiment: NEGATIVE

Tickers: AAPL700-HK

Keywords: iphonetencent holdings ltdtechnologyentertainmentsmartphonesbusiness newschinaapple incchengdutim cook

Source: https://www.cnbc.com/2023/10/17/apple-ceo-tim-cook-visits-china-as-iphone-15-faces-challenging-start.html


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