Apple Analysts See China iPhone Demand Tested by Trade Dispute
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Apple Inc. could be seeing weaker-than-expected demand for its iPhone product line, especially in China, where trade tensions have been weighing down sales, analysts said on Monday.
Shares of Apple rose 0.7%, rebounding after a three-day decline. While the stock is up about 12% from a low hit earlier this month, Apple is still down more than 8% from a peak in early May.