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Apple's China problems keep weighing on stock
Apple Stock Selloff Deepens. China and iPhone Worries Are Overdone, Says Wedbush.
Phone growth in the U.S. and the rest of the world offsets softer sales in China, Wedbush analyst Daniel Ives says.
Apple Stock May Fall As China iPhone Sales Plunge
In China, Apple’s second largest market, iPhone sales fell 18% in the December ending quarter, according to Bloomberg.
Apple's China problems keep weighing on the stock
Apple faced two downgrades ahead of earnings, with analysts citing weak iPhone demand. China continues to be a headwind for sales.
Here’s Why Apple’s iPhone Market Share in China Is Plunging
Why did Apple suffer an 18.2 percent decline in holiday quarter iPhone sales in China? Chinese consumers prefer smartphones from rivals, noted Bloomberg. Huawei’s sales increased 15.5 percent in the quarter. “This is the first time since the U.S. ban that Huawei regained the leading position,” Counterpoint analyst Mengmeng Zhang told Bloomberg.
Apple iPhone Sales Plunged 18% in China Over Holidays, Research Shows
Sales of Apple Inc. iPhones dived 18.2% in China during the December quarter, according to independent research, a major setback for the company in its biggest market after the US.
Apple's iPhone locked in a tie for second place in China with Xiaomi
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.
iPhone in China: Apple apparently falls to 3rd place
According to Counterpoint Research, Apple was unable to gain market share in China with the iPhone 16. This helps local manufacturers.
iPhone No Longer Top-Selling Smartphone in China
Apple lost the top spot in the Chinese smartphone market after a domestic brand replaced the iPhone as the country's top choice.
Apple’s iPhone Sales Tank in China During the Holiday Quarter
Apple had a rough holiday quarter for iPhone sales in China, falling from its dominant first-place spot in the year-ago quarter to third place in 2024
Apple's China Struggles Deepen as iPhone Sales Plunge, Huawei Reclaims Top Spot
Apple ( NASDAQ:AAPL) is feeling the heat in China. iPhone sales slid 18.2% in Q4 2024, dropping its market share to 17.1%, down from 20.2% a year ago. Meanwhile, Huawei is back on top for the first time since U.S. sanctions hit in 2019, grabbing an 18.1% share.
Apple Stock Is Sliding. It Might Just Be the Beginning.
Apple shares are close to key support. Breaking below $217 would bring $208 into play, according to technical stock market analysts.
iDrop News
13h
Is Apple Losing China? iPhone Sales Tumble, Xiaomi Closes In
Counterpoint has analyzed the Chinese smartphone market and says its numbers show Apple’s sales slowing during the fourth quarter of 2024. A year-on-year market share comparison shows Apple’s sales ...
2d
on MSN
Apple’s Smartphone Sales Slump in China as Huawei Gains Market Share
The U.S. tech giant's fourth-quarter iPhone sales fell 18% in the world's largest smartphone market.
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