Weak Chinese economy is dragging down iPhone, Fed says

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Sales of iPhones seem to be weaker than in previous years, and the Chairman of the Federal Reserve has an explanation: a drop in consumer spending in China. The implication is that the slowdown in iPhone sales isn’t a result of anything Apple has done. “The Chinese economy is slowing down. It’s showing up a […]

(via Cult of Mac - Tech and culture through an Apple lens)

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