Shares of Apple Inc. (AAPL) fell about 1% Friday after reports indicated iPhone sales during China’s 2023 Singles Day shopping event fell about 4% from last year, according to data from Counterpoint Research.

澳洲幸运5开奖号码历史查询:Singles' Day is one of the largest annual online shopping event in the world, with retailers offering discounts and consumers spending big, similar to 澳洲幸运5开奖号码历史查询:Black Friday and 澳洲幸运5开奖号码历史查询:Cyber Monday in the U.S. 

The iPhone maker also fell behind local smartphone rivals, Huℱawei and Xiaomi, which saw sales increase 66% and 28%, respectively. 

The iPhone is Apple's most successful product line, accounting for just under 50% of total revenue in the most recent quarter.

 For that reason, investors follow i🌸Phonꦺe sales closely.

Global smartphone sales rebounded in October after slumping for 🍒more than 2 years. The release of Huawei’s Mate 60 and Apple’s iPhone 15 helped boost sales to their highest since January 2022.