TMTPOST -- Apple Inc. shares closed 4% lower, ending Thursday with their largest daily losses since August 5, 2024. Shares sold off after latest data highlighted sluggish iPhone sales recorded in China, the world’s No.1 smartphone market.Credit：Ming-Chi Kuo Apple shipped 13.1 million iPho...
Apple's iPhone sales in China will likely see a double-digit decline in 2024 with "much stronger" domestic competition from rivals like Huawei, a recent note from Jefferies analysts suggested. In the first week of 2024, ...
Apple's iPhone sales in China were down more than 30% year over year for the first week of January, while competitors such as Xiaomi and Huawei have "remained much stronger" with flat sales, according to a Sunday note from Jefferies analysts. Jefferies analysts said they b...
Sales of Apple's iPhone plunged in China in the first six weeks of 2024, according to a Counterpoint Research report. The analyst firm said in a note Tuesday that iPhone sales dropped 24% in the period, as Apple faced stiff competition from local smartphone firms like Huawei, Oppo,...
In the fourth quarter of its 2024 fiscal year, Apple generated around 46 billion U.S. dollars in revenue from the sales of iPhones. Apple iPhone revenue The Apple iPhone is one of the biggest success stories in the smartphone industry. Since its introduction to the market in 2007, Apple ...
Apple’s smartphone unit sales fell 24% in the first six weeks of 2024, as Chinese customers held onto earlier models instead of going out to buy the iPhone 15 which costs ¥5,999 ($833). Shares in AppleAAPLfell 2% in premarket trade, after sliding 3% on Monday. The ...
Apple’s iPhone sales accounted for almost 49 percent of the company’s overall revenue in the fourth quarter of fiscal year 2024, the largest share of all Apple products. Over the years, services as well as wearables, home and accessories have made a growing contribution to Apple’s net sa...
Sales of the iPhone 16 in China surged 20% in the first three weeks since their launch compared with its predecessor last year, according to Counterpoint Research. The premium models were doing particularly well as sales of the Pro and Pro Max jumped 44% compared with their equivalent 2023 ve...
while the iPhone 15 and iPhone 15 Pro Max are the leading smartphones in urban China. Cook told CNBC that it may come as a surprise to some people, but iPhone sales grew in China that quarter. "I feel good about China, I think more about long term than to the next week or so,"...
moreIn China though even where the pick of android brands are all available (except Google for obvious reasons) the Iphone still sells way more in the flaghship space than any other brand at the moment despite the drop in sales. Huawei was very close before the Huawei ban, but Apple's ...