Tag Archives: its-launch

Apple's iPhone 5 starts strong in China but shares pressured

(Reuters) – Apple Inc sold more than 2 million iPhone 5s in China in just three days after its launch there on Friday, its best ever smartphone launch in the country, but Apple shares fell on Monday after Citi downgraded the stock. The highly anticipated release in China, Apple's second-biggest market, has not eased worries about stiffer competition in mobile devices that has driven a slide in …

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iPhone 4: Born Under a Bad Sign?

The iPhone 4 has racked up spectacular sales since its launch in June, but it looks as if it’s racking up equally spectacular problems for Apple. This week, it took two body blows. One was a statement from Consumers Reports , which said it can’t recommend the iPhone 4 because of its connectivity problems.

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