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Cook points to 'fiscal stimulus' after Apple suffers steepest China sales decline in a year

CNBC
Summary
Nutrition label

84% Informative

Apple 's December quarter sales in China dropped 11.1% on an annual basis.

It was the sixth straight quarter of declines in Apple 's third -largest region by revenue.

Apple CEO Cook told analysts that over half of the decline was due to inventory issues.

Cook also pointed to a nationwide subsidy program that could effectively reduce the cost of some Apple products.

VR Score

90

Informative language

91

Neutral language

88

Article tone

semi-formal

Language

English

Language complexity

49

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

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