iphone

UBS analyst Timothy Arcuri analyzed and reported on China’s iPhone demand, which reported a significant improvement in iPhone sales in China last month. 

The report pointed out that although the iPhone sales in China fell by 3% in April, it was a significant improvement compared with the previous months. According to data from the bank, iPhone sales fell by an average of 66% between December last year and March this year.

Mainland mobile phone shipments in December reversed the decline

iPhone sales performance in China has improved, and Arcuri believes it is related to China’s overall market performance. The overall smartphone sales in the Chinese market have declined in nine months in the past 10 months, but in 6% in April.

According to the China Information and Communication Research Institute, the total shipments of mobile phones in the mainland in April reached 36.53 million units, up 6.7% year-on-year, reversing the five consecutive months of decline. As trade negotiations between the United States and China have not yielded results and tensions have intensified again, Arcuri is likely to affect the confidence of Chinese consumers and thus the future sales of the iPhone in China. 

UBS said that China currently accounts for one-tenth of Apple’s revenue, but Morgan Stanley believes that so far, Apple’s 25 billion goods exported from China to the United States have been affected by tariffs.

In addition, it is reported that Taiwanese chip maker TSMC has begun to launch a new generation of chips called A13 for Apple’s new iPhone launched this year.

Sign Up for Our Newsletters

Get notified of important news and special executive deals.

You May Also Like

Nguyen Thi The Huong: The leader of HHG Group, a pioneer in the Construction Material – Interior and Exterior Design Industry

For almost 30 years, Mrs. Nguyen Thi The Huong has make significant…

The Warren Buffett Charity Lunch Auction has historically recorded a record of nearly $3.47 million

I want to have lunch with Buffett, I hope I can learn…

[Huawei is banned] Huawei: There are currently 42 commercial contracts in the world.

Huawei’s ban has attracted global attention. Many companies have indicated that they…

In the Complicated World of Sports Betting, PlayLine is a Lock

By: Spencer O’Reilly With Super Bowl LIV less than one month away,…