Share prices of European suppliers of microchips, sensors and circuitry to Apple drifted lower Wednesday as investors stepped back from a global market rally after disappointing earnings from Apple put investors in a cautious mood.
Apple has lost market share in one of its most important markets, China, according to the latest report from Counterpoint Research, as reported by Bloomberg. The iPhone maker has lost ground to local players and now accounts for only 10.8% of smartphones sold in China, down from 12% a year ago. The iPhone accounted for...