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...
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...
Apple's iPhone sales in China were down more than 30% year over year for the first week of the year, while competitors such as Huawei have "remained much stronger," according to a note from Jefferies analysts Sunday. The analysts said Huawei gained the most smartphone marke...
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...
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,...
Counterpoint last month estimated Huawei ranked first in China in terms of smartphone sales during the initial two weeks of 2024, overtaking arch rivals like Apple, OPPO, vivo and Xiaomi, according to Counterpoint Research, a global technology market research firm.This is the first time for Huawei...
People stand outside the new Apple flagship store in Beijing on July 16, 2020. Chinese smartphone sales were down 7% in the first six weeks of 2024. Photo: Agence France-Presse/Getty Image Chinese smartphone sales were down 7% in the first six weeks of 2024 compared with ...
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...
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. ...
iPhone sales in China sank 19% year-over-year (YoY) in the first quarter of 2024, recording the device’s worst performance since Covid-19 struck around 2020, even though overall smartphone sales in the country grew 1.5% YoY, marking the second consecutive quarter of positive growth, accordi...