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Shares of Apple Inc. (NASDAQ: AAPL) were trading lower by more than 1 percent Wednesday morning despite a positive report of smartphone shipments by DigiTimes.
According to DigiTimes, the mobile phone market in the Middle East and Africa (MEA) region grew 23 percent in the third quarter from a year ago. The report noted that Apple's shipments of its iPhone devices grew by 133 percent during the quarter.
Apple also saw its smartphone market share rise to 3.9 percent by the end of the quarter from 2.2 percent a year ago.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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