In a post on X, Wedbush's Dan Ives said Apple had "yet again proved the skeptics wrong as the upgrade cycle for iPhone 16 is ahead of iPhone 15 with March guidance much better tha
The tech giant suffered an 11% decline in China sales last quarter, raising concerns about its ability to fend off fierce competition in the country.
“Our record revenue and strong operating margins drove EPS to a new all-time record with double-digit growth and allowed us to return over $30 billion to shareholders,” Apple CFO Kevan Parekh said. “We are also pleased that our installed base of active devices has reached a new all-time high across all products and geographic segments.”
The Xiaomi Pad 7 is the iPad killer you've been waiting for. It's the best value for money Xiaomi device in recent memory.
Apple's iPhone sales in China reportedly took a tumble at the end of 2024, with a considerable reduction in sales putting it in a dead heat with homegrown Xiaomi.
Apple’s December quarter earnings topped analyst expectations in an overall performance. However, sales in China posted the biggest year-on-year decline since the same quarter in 2023. View on euronew
Tech giant Apple could be hit hard if Donald Trump decides to unleash trade tariffs on China after the firm revealed a shock drop in iPhone sales in the Chinese market. Apple reported its total revenue from the Far Eastern nation registered £14.3 billion for the last financial year, an 11% decrease from the previous year.
When Apple reported its December quarter earnings on Thursday, it revealed that China sales had dropped 11.1% on an annual basis. Cook told analysts that over half of the decline was due to inventory issues.
Commentary: Apple needs its iPhone 17 cameras to seriously impress. This is how it could do it.
The Indian smartphone market experienced a slight growth in 2024, with shipments reaching approximately 153-156 million units. Chinese brands Vivo and Xiaomi secured the top positions, surpassing Samsung.
Apple is well-positioned with its AI strategy as DeepSeek rocks the tech world, analysts and tech leaders told Fortune.