Apple’s aggressive discounting campaign in China apparently did not prevent it from losing market share. The tech giant ended May with 11% of the Chinese smartphone market, even as iPhone sales climbed 0.9% year over year, Seeking Alpha reported Monday (July 1), citing findings from investment firm UBS....
Retailer discounts reportedly helped drive a roughly 12% increase in Chinese iPhone shipments in March. Shipments of foreign smartphones — most of which would have been Apple’s flagship product — rose to 3.75 million units in March, Bloomberg News reported Wednesday (May 8), citing data from the China Academy of...
Apple’s troubles in China continue, with iPhone sales reportedly plummeting 19% during the last quarter. That brought the company’s flagship product to its worst performance since the start of the COVID pandemic in 2020, Bloomberg news reported Tuesday (April 23), citing data from Counterpoint Research. Apple dropped to...
Apple is reportedly in danger of losing significant ground to Chinese smartphone maker Huawei. Sales of the company’s iPhone in China fell by 30% for the first week of the year, Reuters reported Monday (Jan. 8), citing a note by Jefferies analysts. According to the report, the drop in Apple’s sales...
May 02, 2018
After weeks of speculation, falling stock prices and an analyst undercurrent that yesterday’s earnings report might mark the beginning of the end for the iPhone X due to weak sales, Apple’s results are in – and they cruised easily past analyst estimates. “Customers chose iPhone X more than any other iPhone each week in the March quarter, just […]
February 23, 2018
Sizzle Of the Week: Grocery Customers It’s a good week to be a grocery shopper in America – because, after all, who doesn’t like being pursued? The grocery business in...
November 03, 2017
It’s hard to complain when more than one writer uses the phrase “minting cash” to describe a firm’s quarterly performance. Yesterday, that was Apple, who managed to beat analyst estimates on every number...
July 10, 2024
Apple reportedly expects its new artificial intelligence (AI) services to boost demand for its iPhones. The company expects to ship at least at least 90 million iPhone 16 devices in the second half of this year, which is about a 10% increase over the 81 million iPhone 15 units it shipped in the latter half […]
July 02, 2024
Apple’s aggressive discounting campaign in China apparently did not prevent it from losing market share. The tech giant ended May with 11% of the Chinese smartphone market, even as iPhone sales climbed 0.9%...
May 08, 2024
Retailer discounts reportedly helped drive a roughly 12% increase in Chinese iPhone shipments in March. Shipments of foreign smartphones — most of which would have been Apple’s flagship product — rose to 3.75 million units...
April 23, 2024
Apple’s troubles in China continue, with iPhone sales reportedly plummeting 19% during the last quarter. That brought the company’s flagship product to its worst performance since the start of the COVID pandemic in...