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Best Buy Shares Fall After Reports Of Fake Holiday Season iPhone Sales



Best Buy Co. Inc.

BBY, -5.17%

shares dropped 5.7% in Thursday trading for multimedia ports by slow Apple Inc.

AAPL, + 1.09%

iPhone XS and XS Max sales during the vacation. The report cite analysis conducted by Thinknum, a blog using Best Buy data to show that after a peak after the release of the XS models, there has been a decline, "with a steep decline in early December, mainly due to a falling fall in interest for the 51

2GB version of the phone. "Best Buy is the biggest iPhone seller outside Apple, according to the blog. Best Buy announced Thursday that some iPhone models and MacBook Pro Touchbar will be included in their Nick of Time sales, starting Friday and lasting until December 20th. Best Buy shares have risen 18.8% in 2018 while Apple shares have achieved 0.5%. S & P 500 Index

SPX, -0.02%

is down 1.3% for the period and Dow Jones Industrial Average

DJIA, + 0.29%

is down at almost 1%.

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