iPhone 5 hits China as Apple market share slips

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    Technology News

    File photo of an Apple iPhone 5 phone displayed in the Apple Store on 5th Avenue in New YorkSHANGHAI (Reuters) – The China release of its iPhone 5 on Friday should win Apple Inc some respite from a recent slide in its share of what is likely already the world's biggest smartphone market, but its longer-term hopes may depend on new technology being tested by China's top telecoms carrier. Cupertino, California-based Apple has been in talks about a tie-up with China Mobile for four years. A deal with China's biggest carrier is seen as crucial to improve Apple's distribution in a market of 290 million users – which is forecast to double this year. …

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