Apple shares (AAPL) are trading lower after a report from Counterpoint Research showed that iPhone sales declined in China within the first 6 weeks of the year. The company also recently received a $2 billion fine from the European Commission for violating antitrust rules. Ben Bajarin, Creative Strategies CEO and Principal Analyst, joins Yahoo Finance to discuss how concerned Apple investors should be amid the negative headlines. While Apple's recent release of iPhones wasn't enough for consumers to upgrade this cycle, Apple's retention and loyalty in the Chinese market are "the highest of any brand," Bajarin explains: "I think there's been a huge sort of debate around will...iPhone consumers in China wait, even push their upgrade cycle even longer toward the end of the year hoping that some gen AI stuff comes for Apple in the next platform launch, so I think there's a little bit of that. I mean, obviously to your point, which is correct, there's been the criticism that the iPhone was just not as big of a year-over-year upgrade enough to really move a cycle. I think again, I keep coming back to that this doesn't mean that sales are gone, it's just that sales are delayed." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino

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