Apple Stock Predictions

Tag: China

Apple Stock Predictions

Tag: China

Apple Stock News: China Tries To Ban iPhone, Apple Backs Out of Republican Convention

On June 17th, Apple shares were lower in early trading after a Chinese bureau claimed the United States tech giant may have infringed on patents in their iPhone 6 and iPhone 6s Plus, according to a number of various reports. Shenzhen Baili, a small electronics maker, says the iPhone could be too similar to it’s 100c phone. As a result, Apple could have to halt the sale of iPhones. The company can contest the rule, but had no comment on it’s next move.

Apple Stock News

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Will Apple be Affected by the Chinese Stock Market Plunge?

Chinese stock markets has been falling unabatedly since June 12th with the Shenzhen Composite Index leading the decline plummeting 38 percent. The crash has wiped off approximatelyChinese Stock Market Plunge $3.2 trillion off the markets – twice the size of India’s stock market. In order to stem the plunge of stock, 26% of firms listed on mainland exchanges suspended trading locking up $1.4 trillion worth of shares.

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