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Bloomberg Intelligence

iPhone Sales Fall in China, Tesla Preview

Apr 23, 2024
Bloomberg Intelligence analysts delve into Apple's iPhone sales decline in China, Tesla's earnings preview, UPS profitability, and S&P Global US Composite PMI data analysis. Insightful discussions on market trends, company strategies, and economic indicators make for an engaging listen.
40:32

Podcast summary created with Snipd AI

Quick takeaways

  • Apple's iPhone sales declining in China highlights market challenges.
  • Concerns about TikTok divestiture due to data access and propaganda issues.

Deep dives

US Congress introduces bill to force potential divestiture of TikTok

US Congress has introduced a bill aiming to force the divestiture of TikTok from ByteDance within 270 days due to data access and propaganda concerns. ByteDance is expected to challenge this in court. If divestiture doesn't happen, TikTok may face a ban from app stores and web hosting.

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