Published on 24 Nov 2023 on Benzinga
Apple's Bullish Surge - Targeting The $200 Milestone With A Stunning 15% Rally Since October - Apple...
Consumer preferences can be as volatile as the stock market. Apple Inc's AAPL recent experience during China's Singles Day shopping festival highlights this unpredictability.
Surprisingly, Apple witnessed a 4% decline in smartphone sales compared to the previous year. In stark contrast, Huawei, a Chinese multinational technology company, experienced a staggering 66% increase in sales during the same period.