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...
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...
During the first six weeks of 2023, China’s overall smartphone unit sales declined 7% year-over-year (YoY) and Apple underperformed with a 24% YoY decrease in iPhone sales, according to Counterpoint Research. The global technology market research firm noted key vendors like Apple, OPPO and vi...
In the first week of 2024, Jefferies analysts reported that Apple's iPhone sales in China dropped by 30 percent, according to the note from the investment bank. It also forecasts that Apple's sales in China will continu...
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...
The iPhone, originating from Cupertino, California-based Apple, has experienced a decline in sales in China following the release of its latest model in September. Despite this, the nation continues to be a crucial market, boasting the world's largest base of smartphone consumers and offering sig...
Analyst firm Counterpoint Research said iPhone sales dropped 24% in the first six weeks of 2024 as Apple faced stiff competition from local smartphone firms.
Analysts from Wedbush said they believe this iPhone upgrade cycle could be a “historic” one. “China sales for iPhone 16 will show a strong rebound over the next year with the beginning of this AI-driven supercycle,” they wrote in a note recently. ...
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 Apple AAPL fell 2% in premarket trade, after sliding 3% on Monday. ...
Apple's iPhone sales in China are down more than 30% year over year, while competitors have "remained much stronger," Jefferies analysts said.