Kevin Frayer Apple’s (NASDAQ:AAPL) iPhone shipments in China rose about 12% in March after the corporate and its retailers reduce costs, Bloomberg News reported, citing official data. Government data confirmed deliveries of foreign-branded smartphones — a bulk of which might have been the iPhone — rose to three.75M items in March in comparison with a yr earlier. The shipments had seen a 37% droop in the primary two months of 2024, the report added, as per the information company’s calculations off a month-to-month report by the China Academy of Information and Communications Technology. The official data means that efforts made by the U.S. tech big to halt the decline of gross sales have been displaying early outcomes. The data got here to gentle after Apple’s CEO Tim Cook, addressing an analyst’s question final week concerning the March quarter, stated the iPhone enterprise in mainland China had risen however didn’t present particulars, the report famous. The institute’s data confirmed that overseas telephone shipments fell 27% in the primary quarter of 2024 total. Apple’s smartphone market share had been dipping in China. The U.S. firm slipped to the third spot in China’s smartphone market as native rivals Honor and Huawei Technologies have been tied for the primary place in the primary quarter of 2024, in keeping with analysis agency International Data Corporation. Apple’s smartphone shipments in China had tumbled 19% in the primary quarter, data from Counterpoint Research confirmed. The iPhone maker misplaced the highest spot to Samsung (OTCPK:SSNLF) in the worldwide smartphone market in the first-quarter of 2024, slipping to second place because it noticed double-digit decline amid headwinds in its core markets, in keeping with analysis agency Canalys. On Tuesday, Apple unveiled its newest iPads whereas beefing up synthetic intelligence, showcasing a brand new iPad Air, iPad Pro and extra.
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Apple’s iPhone shipments in China grew in March, shows government data
