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New Apple Smart Phone Racking Up Sales in Crowded Chinese Market

Apple’s new iPhone SE has already racked up millions of pre-orders in China, as the company aims to capture more consumers in a country where domestic manufacturers are already facing stiff competition. The iPhone SE is the cheapest smart phone Apple has ever produced, and is a new attempt by the company to attract buyers seeking a lower price point in the developing world. Jason Low, an analyst with Canalys, said previously Apple focused on consumers seeking a high end user...

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