Apple's iPhone 16e Struggles as China's Smartphone Market Slumps, Jefferies Warns

Apple’s iPhone 16e Struggles as China’s Smartphone Market Slumps, Jefferies Warns

Apple’s (NASDAQ:AAPL) latest iPhone 16e is unlikely to excite consumers, and China’s smartphone sales growth is weakening, according to Jefferies analysts led by Edison Lee. Industry checks suggest China’s smartphone sales have declined for four consecutive weeks post-Chinese New Year (CNY), with year-over-year declines worsening. Rising discounts on iPhone 16 models and Android flagships indicate…

Read More