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 is still facing headwinds in China. The company’s overall sales in China declined 11.1% during to $18.51 billion during the last three months of 2024, the largest drop in the country since the first quarter of 2024. Apple has faced intense competition from local smartphone manufacturers...
New figures from China's authorities says thatiPhonesales were down one third in February 2024, much more than it dropped in the same period in 2023. Recent reports that sales of the iPhone isnow stabilizingin China were based on extrapolations for the whole of 2024 and even 2025. ...
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...
respectively, while Huawei sales jumped 64%. Apple was ranked the fourth in these weeks with a 15.7% share of the Chinese market, down from the second place a year ago when it had 19% share. Huawei’s market share rose to 16.5%, putting it in the second, up from 9.4% a year earli...
iphone sales in china fall 30%; boeing ceo admits error 上海日报shine 2024-01-11 07:02 发表于 上海 thursday, jan. 11,2024 weather: sunny, 0-10℃ (32-50℉) good news for shanghai residents: it is forecast to turn ...
iPhone sales recorded its worst performance since 2020. Huawei Q1 sales surged 69.7% year-over-year, while Honor and Xiaomi saw their sales rose 11.5% and 8.6% respectively.
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, Vivo and Xiaomi. Apple shares were down more than 2% in early trading in the U.S. Apple came under particular press...
Downbeat revenues in the key Asian market are spooking investors - with Apple executives warning that revenues between January and March will be billions of dollars less than what analysts had forecast.
Smartphone sales data out of China suggests that Apple'siPhoneis selling better than previous years in the month of May alongside an uptick in total shipments. In a new note to investors seen byAppleInsider, JP Morgan analyst Samik Chatterjee takes a look at the latest smartphone shipment...