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Carl Icahn Dumped His Apple Stake

Techcrunch, Matthew Lynley

Apple’s core growth engine, the iPhone, has started to slow, as the company sold around 51.2 million iPhones compared to 61.2 million in the same quarter a year earlier. Greater China in particular started to slow significantly, and the country’s attitude toward Apple largely drove him to shed his position, he told CNBC.

This is interesting, I see why he is worried about China. I wonder if others will follow because worries that iPhone sales have gone down.


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