Apple latest rally is being attributed to the ban by the International Trade Commission on importation of some smartphones from HTC after the U.S. trade agency found that the devices from the Taiwanese company infringe an Apple patents.
Weakening economies and falling prices of rival smartphones are hurting sales of Apple Inc. AAPL-Q’s iPhones across Europe, data from research firm Kantar Worldpanel ComTech showed on Thursday.
The October roll-out of Apple’s iPhone 4S boosted its position in Britain and United States, but the new phones failed to excite interest in continental Europe, where Apple’s share of the fast-growing smartphone market slipped. For the latest updates on the stock market, visit Stock Market Today For the latest updates PRESS CTR + D or visit Stock Market news Today
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