Apple sales in China decline 30%, fall expected to continue in 2024
Apple sales in China declined, and the trend will continue in 2024, according to Jefferies analysts, quoted by Bloomberg. The iPhone 15 series saw an unusually sluggish start, which resulted in a 30% year-on-year decline.
In contrast Huawei posted impressive growth numbers, thanks to the Mate 60 lineup that has proven to be extremely successful at home.
The iPhone 15 launch happened just two weeks after a surprise announcement of the Mate 60 Pro. Analysts claimed that patriotism drove people to the Huawei flagship with its new Made-in-China processor, which is yet to be officially detailed by company officials.
Jefferies estimated 35 million shipments for Huawei, which could've been even more if there hadn't been some supply constraints.
Apple's double-digit fall in volumes is forecasted to carry over to the forthcoming year. Multiple iPhone deals were spotted in the past week across various online shopping portals. However, despite the lower prices, volume of sales did not improve.
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Reader comments
- JakoDel
- 22 Jan 2024
- nMJ
everything you said is completely irrelevant. of course the old were once young and innovated, duh. good for you to scream 80 year old energy at 50.. I think you should go proudly lecturing people out of the blue about decades old tech somewhere else...
- Cpt.Power
- 11 Jan 2024
- Lfw
Well thats correct wonder how they are not banned from sales due to high sar levels but since they are richest company they can buy litterary everything even commision who decides for they favor or against. With such power known as money they are ...
- Mobilemaster
- 11 Jan 2024
- 0C9
Which brand's phone did you use, because there was a lot back in 2007, 2008?
Samsung
Infinix
Apple
Xiaomi
Apple
