Apple Inc. iPhone smartphones sit on display during the opening of the company's new Carnegie Library store at Mount Vernon Square in Washington, D.C., U.S on Saturday, May 11, 2019. Today Apple inaugurate their newest flagship store that also became the company's most extensive historic restoration project to date, after it restored and revitalized the Beaux-Arts style building once home to D.C.'s Central Public Library. Photographer: Anna Moneymaker/Bloomberg
Apple Inc could be seeing weaker-than-expected demand for its iPhone product line, especially in China, where trade tensions have been weighing down sales, analysts said on June 17.
Shares of Apple rose 0.7%, rebounding after a three-day decline. While the stock is up about 12% from a low hit earlier this month, Apple is still down more than 8% from a peak in early May.
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