iPhone 15 Sales Slow as Demand Lags Previous Model
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TSMC earnings show declining profits, suggesting weaker iPhone 15 demand compared to iPhone 14 last year.
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Analyst reports indicate iPhone 15 sales in China are down 4.5% versus iPhone 14 in the same period.
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Weak consumer demand and strong competition from Huawei cited as factors.
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Analyst Jeff Pu notes iPhone 15 demand lower than iPhone 14 demand.
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TSMC reports biggest profit decline since 2019, citing weak consumer electronics demand, especially in China.