Browsing: Apple

Samsung Electronics debuted its most extensive new line-up of smartphones, taking on Apple in a slowing market with 3D cameras, an in-screen fingerprint scanner and faster 5G connectivity and a device with a folding screen.

Apple’s Chinese smartphone shipments plummeted an estimated 20% in 2018’s final quarter, underscoring the scale of the iPhone maker’s retreat in the world’s largest mobile device market.

Apple investors are likely looking for the company to use its massive cash pile to make acquisitions, and names like Netflix, Activision Blizzard and Sonos are among those JPMorgan sees as strong strategic fits.