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China is a big fan of the Apple iPhones. It has the potential to drive better-than- expected financial results for Apple in the June quarter.
In the first half of the fiscal year that ended in September, the iPhone accounted for more than half of Apple’s revenue, not counting App Store or other services revenue. In the same period, 20% of Apple’s revenue was from China.
Apple?

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May 20, 2022, 6:47 pm is the original date.

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Internet stocks have fallen more than the general market because investors are worried about a broad-based economic downturn. The selloff is providing opportunities to buy.

The First Trust DOW Jones Internet Index Fund has declined 40% this year compared to the S&P 500’s drop of 19%.

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