Apple's stock dropped 20% in the past year, trading at $194 in January and falling to $164 in May, creating anxiety among investors ahead of its upcoming earnings announcement.
Weakness in iPhone sales and revenue in Greater China are causing concern, with iPhone revenue dropping from $51.3 billion to $45 billion and Greater China revenue slipping from $17.8 billion to $16.3 billion.
Apple's upcoming earnings will need to address the worries about iPhone sales and revenue in China, as the delay in the introduction of new products creates uncertainties for investors.
The volatile nature of the Chinese market and the competitive landscape with local manufacturers like OPPO and vivo add to the challenges faced by Apple in maintaining its market position.
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