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Apple Inc. is closing a retail store in China for the first time, marking a notable retreat in a market where the iPhone ...
4don MSN
Apple shutters store in China for first time ever as struggles mount in second-largest market
It’s the first store in China that Apple has been forced to shut down since opening its flagship store in the country in 2008 ...
The move speaks to slowing spending by consumers and Apple’s continuing struggles in China, its second-largest market.
Apple forecast revenue for the current quarter ending in September well above Wall Street’s estimates, sending shares up.
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