Ann: AHI Quarterly Update & Appendix 4C, page-33

For those on this planet who have a brain:

Tech stocks were at its peak during the covid because people have nothing else to do during WFH other than fiddling with phones and laptops at home. If they are stating chinese covid as a headwind, that is beyond laughable.
May as well also blame macro economics, Ukraine war (oh actually he did), rising interest rates, rising inflation, rerate in NASDAQ, the list goes on.

Put simply, this is just a half arsed tech that gives fluctuating data highly dependent on the model of the phone, shades in the photo, and what the model is wearing.