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Apple CEO Tim Cook makes surprise visit to China as iPhone 15 gets off to a challenging start

  • Apple CEO Tim Cook made a surprise visit to China where he visited Apple's Taikoo Li store and engaged with players of Tencent's Honour of Kings game.
  • Despite the lukewarm reception of the latest iPhone model in China, Cook showed support for gamers and expressed hope for success with Apple's new Vision Pro AR headset.
  • Analysts attribute Apple's challenges in the country to poor consumer sentiment, underperformance of the iPhone 15 compared to its predecessor, and increasing competition in the high-end smartphone market.
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Bias Distribution

  • 39% of the sources are Center, 38% of the sources lean Right
39% Center

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Financial Post broke the news in Canada on Tuesday, October 17, 2023.
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