Apple lost share in US, China, UBS says (AAPL)
Cesare Ferrari Apple (NASDAQ:AAPL) lost smartphone market share in China in May despite “deep” discounting, investment firm UBS said, citing data from Counterpoint Research. Shares rose 1.2% in early trading on Monday. Cupertino, Calif.-based Apple ended the month with 11% of the smartphone market, even as iPhone units rose 0.9%Continue Reading