News Snapshot:
Apple's iPhones held up surprisingly well in China even as the country faced Covid lockdowns Apple held up relatively well in the June quarter in China despite a 10% slump in the smartphone market as the iPhone 13 continued to attract users. Apple's smartphone shipments in China jumped sharply in the second quarter, even as the country faced Covid-related lockdowns in major cities, according to a new report. In the second quarter, Apple shipped 9.9 million iPhones in China — up 25% year-on-year, market research firm Canalys said in a report published Friday. UBS analysts also said that Apple likely...
