Apple Sales in China Drop 9% Despite iPhone 17 Pro Price Cuts

Global Market Today: Asian stocks fall on Korean chip selloff, oil dips

Asian markets tumbled as chipmaker stocks experienced a sharp decline, sparking fears the AI rally might have overheated. Concerns also surfaced over Apple's potential chip purchases from China, impacting major players like Samsung and SK Hynix. Meanwhile, comments from Federal Reserve Chairman Kevin Warsh eased inflation worries, suggesting no immediate interest rate hikes. Positive signs emerged from US manufacturing, and geopolitical discussions offered a glimmer of optimism.

Counterpoint: China’s 618 smartphone sales fall 13% year-on-year

According to market research firm Counterpoint Research, smartphone sales in China fell 13 year over year during the month-long 618 shopping festival, as major brands raised prices to offset higher memory costs. Between May 26 and June 21, all major Chinese smartphone brands except Huawei posted double-digit sales declines. Promotions were less aggressive than last []

The Capital Dispatch Week of Jul 7, 2026

THIS WEEK’S STORY The AI trade that carried markets through four months of war is showing its first real cracks, and this week it picked the worst possible moment to wobble. Samsung posted a 19-fold profit jump and still sent Korean stocks into circuit breakers. Gold is hovering near record highs while JPMorgan quietly trims [] The post The Capital Dispatch Week of Jul 7, 2026 appeared first on Modern Diplomacy.

Why Micron Stock Just Dropped

Are cheap Chinese chips coming to steal Micron's market share -- and profits?

Dubai Gold Rate Today: 18K, 22K, 24K Gold Prices for July 1, 2026

Retail gold prices (gold rates) in Dubai dipped slightly on July 1, with 24-karat gold dropping to AED 485.25 per gram. The minor correction mirrors a global slide below 4,000 per ounce, pressured by strong US economic data. Despite the drop, Dubai remains a lucrative market for buyers due to high price gaps with India.

All the Apple products avoiding the price hike (for now)

All the Apple products avoiding the price hike (for now)

Asian shares fall after Apple's price hikes

Asian markets have been subdued after Apple shares slid 6.1 per cent following price hikes for iPads and MacBooks to counter chip costs.

China smartphone sales drop 13% during 618 festival as memory costs limit discounts

China smartphone sales drop 13% during 618 festival as memory costs limit discounts

Asian shares fall after Apple’s price hikes

Asian markets have been subdued after Apple shares slid 6.1 per cent following price hikes for iPads and MacBooks to counter chip costs.

Seoul shares nose-dive 9% on tech losses amid Middle East tensions

Seoul shares plunged 9 percent Monday as investors dumped technology stocks for profit-taking amid renewed tensions in the Middle East. The Korean won fell against the US dollar. The benchmark Korea Composite Stock Price Index fell 669.01 points, or 8.95 percent, to close at 6,806.93 after falling as low as 6,783.43. Trade volume was moderate at 469.86 million shares worth 39.8 trillion won (26.5 billion), with decliners far outnumbering gainers 713 to 179. Institutions and foreigners sold a ne

BMW Books Drop in Sales on Weak China Performance

BMW said a sharp drop in sales in China hit total sales over the first half of the year, though the group saw gains in other markets.

Xiaomi, Oppo, and Vivo Are Quietly Slashing Production Targets

Rising memory chip costs driven by the AI server boom have forced Xiaomi, Oppo, and Vivo to slash their 2026 smartphone shipment targets by up to 30. The post Xiaomi, Oppo, and Vivo Are Quietly Slashing Production Targets first appeared on iPhone in Canada.

Laptop Prices Are Never Coming Back Down After Apple (AAPL) Move, And Memory Makers Are To Blame

Laptop prices have crossed a threshold from which consumers should not expect a return, with RAM costs reshaping the economics of personal computing for years ahead. Apple (NASDAQ: AAPL) has recently raised MacBook Pro prices, and the 2,000 entry point for a capable MacBook is now considered the new baseline rather than a premium outlier. [] The post Laptop Prices Are Never Coming Back Down After Apple (AAPL) Move, And Memory Makers Are To Blame appeared first on Foreign Policy Journal.

Global markets fall as investors fret about AI demand

Apple’s price rises and fears over delay to OpenAI’s IPO send Asian bourses sharply lower

In China’s electronics hub, a memory chip crisis is hitting consumers hard

For Cai, a trader in Shenzhen’s vast Huaqiangbei electronics hub, the business of assembling computers for gamers and corporate clients has suddenly become dramatically more expensive. The price of memory products in Huaqiangbei has tripled over the past year amid the global artificial intelligence boom – and the spike has hit the world’s largest wholesale electronics market hard. “Right now, memory and SSDs are the biggest cost drivers in a personal computer build,” Cai said, referring to...

Retail sales rise 9 pct in May amid improving consumer sentiment

SEOUL, June 24 (Yonhap) -- Sales at major retailers rose 9 percent in May from a...

Apple: The Post-Price Hikes Selloff Is An Overreaction

Apple: The Post-Price Hikes Selloff Is An Overreaction

Honestly, I’m Surprised Apple’s Prime Day Deals Haven’t Sold Out Yet

PSA: The AirPods Max 2 just dropped to its lowest price of all time.

China’s rare-earth curbs squeeze Japanese manufacturers

China’s rare-earth curbs squeeze Japanese manufacturers

Hong Kong now handles more than half of China’s chip imports

Hong Kong has become the main artery for high-tech goods flowing in and out of China, and its chip trade has hit record levels. The city accounted for more than half of China’s 239bn in semiconductor imports in the first five months of 2026, according to a Bloomberg review of official data. That share stood at [] This story continues at The Next Web

Stocks Slip as Tech Weakness Weighs, Samsung Falls: Markets Wrap

Asian equities dropped as technology shares came under renewed selling pressure due to investors rotating into other corners of the market. Chip bellwether Samsung Electronics Co. fell after its results.

Market Talk – July 8, 2026

ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 1,437.91 points or -2.11 to 66,819.05 Shanghai decreased 19.356 points or -0.49 to 3,970.88 Hang Seng increased 702.57 points or 2.99 to 24,199.46 ASX 200 decreased 18.80 points or -0.21 to 8,785.10 SENSEX decreased 1,677.12 points []

Google Pixel 11: Pricing Leak Reveals Bigger Storage, Higher Costs

A Pixel 11 pricing leak suggests Google may drop 128GB storage and start all models at 256GB, potentially raising entry prices. The post Google Pixel 11: Pricing Leak Reveals Bigger Storage, Higher Costs appeared first on TechRepublic.

Weak consumer demand keeps China inflation in check despite rising producer costs

BEIJING: China’s consumer price index rose less than expected in June while producer price inflation accelerated to its strongest pace in nearly three years, data showed Thursday, as elevated energy costs continued to weigh on household demand. Consumer prices increased 1 in June from a year earlier, below the 1.1 median forecast in a Reuters ... Read more The post Weak consumer demand keeps China inflation in check despite rising producer costs appeared first on BOL News.

Laptop Prices Have Passed the Point of No Return

Apple, just like everybody else, can't or won’t bring prices back down to pre-2025 levels.

Gold Surges 2.2%, Posting Its First Weekly Gain in Five Weeks as Global Banks Remain Bullish on the Precious Metal

Marsad Al Dahab reported a slight decline in local gold prices during Saturday's mid-day trading, coinciding with the weekly closure of international markets, after gold ended the week with its first weekly gain in five weeks. Spot gold rose by 2.2 over the week, supported by weaker-than-expected U.S. labor market data and declining expectations for further monetary tightening by the Federal Reserve. At the same time, optimistic forecasts from major global financial institutions and continued central bank purchases reinforced the positive outlook for gold during the second half of the year.