Apple Shares Hit Worst Day in Five Months as Q4 iPhone Sales in China Fall 25% 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 wo...
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...
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...
Apple's iPhone sales in China saw a significant decline in the first six weeks of this year that saw it lose the title of China's...
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...
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...
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 significant potential for increased sales of ecosystem accessories, ...
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...
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. ...