After China Bans Apple iPhones Look What Happens Next!

Lauren Fischer for CNBC reports, Apple recovered from earlier losses Monday after a Chinese court banned the import and sale of most iPhone models in the country as part of an injunction. The stock fell as much as 3 percent, but ended the day up 0.7 percent. Qualcomm requested the injunction for alleged patent violations and announced the news in a statement Monday morning.

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