Category: Apple Inc

Xiaomi And Apple Have Both Encountered A Slump In Shipments In China In The December Quarter

Today’s Stock Market News - Xiaomi And Apple Have Encountered A Slump In Shipments In China

Apple reported 19.9 per cent decline in shipments in China in the fourth quarter, but climbed one place to No. 4 in smartphone shipments after Xiaomi did even worse, tumbling 34.9 per cent during the same period.

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Today’s top stock market news. Tech sector dominated the news overnight. The next wave of US tariffs is set to kick in as soon as today, with the possible imposition of duties on another $16bn of Chinese imports.

StockMarketNews.Today – Equities were mixed in Asia Pacific as benchmarks in Tokyo and Hong Kong bounced back following a rough Tuesday session, although strong revenue from Apple announced overnight boosted the iPhone maker’s suppliers.