Cnbc Ritz News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Concerns about growth in china weighing on investors after one report that apple had been replaced by xiaomi as the smartphone maker. It points to a lingering concern is that market share in china one of the most important markets is gn to the down side, not the up side. If you want to look at apples reaction to china, theres a couple of conflicting data points you have to consider. In the Conference Call tim cook said equity markets have recently been volatile this could create speed bumps in the near term. Then he said about the stock market, this worry is probably overstated. So were not changing anything, we have the pedal to the metal. Lpe penetration in china is only 20 . People are getting phones that can handle faster internet speeds, the middle class is growing. But at the same time hes saying in the short term maybe it does show up somehow in the numbers. Were still growing fast. Are we in a period where we dont know wh ....

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