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New iPhones fail to impress markets, analysts

Apple's launch of two new iPhones raised fresh doubts about its strategy to expand its smartphone market share, prompting a slide in the company's shares and harsh analyst comments

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Some analysts said yesterday Apple had failed to slash prices enough to make an impact in key emerging markets or with budget-conscious buyers, and did little to show it has regained its edge in innovation.u00a0


Apple Chief Executive Tim Cook at the launch of iPhone 5S and 5C. Pic:AFP

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