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Technology Stocks : Apple Inc.

AAPL 278.28

+0.1%

Dec 12 9:30 AM EST

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From: Moonray	12/6/2012 7:49:44 AM
	3 Recommendations of 213176

Apple's ranking in China smartphone market falls to No.6: IDC Reuters – 52 minutes ago HONG KONG (Reuters) - Apple Inc's rank in China's smartphone market, which is set to become the world's largest this year, fell to No.6 in the third quarter as it faced tough competition from Chinese brands, research firm IDC said on Thursday. Apple saw its third-quarter ranking by market share fall two notches from its position in the second quarter, IDC said. Its market share by shipments was under 10 percent in the third quarter, when China's smartphone shipments hit a record high, at more than 60 million units, the research firm added. However, IDC analysts expect a rebound with the launch of the iPhone 5 in China in December. Apple last week received approval from regulators for the sale of the iPhone 5 in the country. More at: finance.yahoo.com o~~~ O

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