In April, Apple's (AAPL) iPhone sales increased in China as the region saw a 52% boost in shipments of foreign-brand smartphones, according to the China Academy of Information and Communications Technology (CAICT). The turnaround comes after Apple saw double-digit sales declines in the region. Yahoo Finance Host Akiko Fujita joins Catalysts to break down Apple's sales in China and what it could mean for the company moving forward. Read more about Apple's China troubles here. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Nicholas Jacobino
(Bloomberg) -- President Javier Milei will pitch investing in Argentina to Apple Inc., Alphabet Inc. and Meta Platforms Inc. this week in California, building on an unprecedented wave of international recognition in a bid to fortify his political strength at home. Most Read from BloombergWall Street Returns to T+1 Stock Trading After a CenturyWorld’s Largest Nuclear Plant Sits Idle While Energy Needs SoarTreasuries Hit as US Sales Struggle to Lure Buyers: Markets WrapNew BYD Hybrid Can Drive Non
The chip maker's stock rally has lifted its valuation to $2.848 trillion and means it's closing in on the iPhone manufacturer, the second-largest company in the U.S. market by value.