Terry Hendrix II 🏹 on Nostr: Yeah, as predicted the market they gave up everything for will abandon them for ...

Yeah, as predicted the market they gave up everything for will abandon them for domestic products more suited to their needs at a lower price. Didn't even need the ban.

https://www.zerohedge.com/markets/apple-slides-after-jefferies-cuts-rating-china-iphones-sales-plunge-holiday-quarter

In a separate report from another independent research firm, Canalys, last week, iPhone sales in China plunged by 25% YoY for the final quarter of 2024.