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Latest News

Apple sells 80% of iPhone-class, $600+ smartphones in China

Low-end Chinese phones from companies that barely turn a profit and sell their cheaper products outside of urban centers are growing fast, but, Apple has an 80 percent lock on premium phone sales in China that isn't weakening. That's fueling Services and driving buyers into Apple Stores for other premium gear.

Daniel Eran Dilger 9 years ago 14

Early Q2 iPhone estimates hint Apple's sales up slightly over 2016

Possibly offering a peek into Apple's March-quarter results due to be revealed May 2, data released on Thursday estimated that Apple shipped some 51.6 million iPhones during the period, a slight improvement over 51.2 million a year prior.

Roger Fingas 9 years ago 2

Apple investors shrug off Samsung Galaxy S8 event, send stock upward

The launch of Samsung's 2017 flagship Galaxy S8 isn't causing any apparent concern among Apple's investors, who collectively pushed the company's stock even further upward today despite the announcements—and the continuous run up in Apple stock that has occurred since the iPhone maker last released earnings in January.

Daniel Eran Dilger 9 years ago 43
iPhone 17e iPhone 17 M5 Macbook Air Mac Studio MacBook Air Deals MacBook Pro Best VPN for Mac AirPods iPad Mac mini

Apple's iPhone slipping in China because company won't adapt, says Oppo & Vivo founder

Apple's decline in Chinese iPhone shipments during 2016 can be blamed on the company refusing to adapt its tactics to the local market out of fear of risking its business elsewhere, according to Duan Yongping, the founder of Chinese smartphone brands Oppo and Vivo.

Roger Fingas 9 years ago 32

Apple captured 540% the profits of Samsung Mobile in 2016 as China's phone makers battled for scraps

Apple's iPhone continued to grab the vast majority of smartphone profits globally, due to poor performance by Samsung and largely profitless production of massive numbers of lower end models by several companies in China.

Daniel Eran Dilger 9 years ago 80

Apple's iPhone drops to fifth place in Chinese smartphone market

Apple continued to struggle for ground in China during the December quarter, ceding fourth place in the country's smartphone market under pressure from local brands like Huawei and Xiaomi, according to new research data.

Roger Fingas 9 years ago 54

Apple Inc shares up near quarterly high as Q3 earnings release approaches

Shares of Apple increased nearly 2 percent today to close at $98.79, close to the peak the stock has traded since diving below $100 after the company reported its fiscal Q2 earnings. Within two weeks, Apple will announce its earnings for Q3, which ended in June.

Daniel Eran Dilger 9 years ago 22

iPhone marketshare dips to 14.8% amid tougher Chinese competition, Gartner says

Apple's year-over-year drop in smartphone sales during the March quarter also caused the company to lose marketshare, though part of the shift can be linked to fast-rising Chinese smartphone makers, according to new research data.

Roger Fingas 10 years ago 65

iPhone's global marketshare falls to 15.3% in March quarter amid tough Chinese competition

During the March quarter Apple's iPhone remained firmly in second place in global smartphone marketshare, but saw a significant drop year-over-year to 15.3 percent, ceding some ground to up-and-coming Chinese vendors.

Roger Fingas 10 years ago 33

iPhone SE reportedly 'squeezing' marketshare from Chinese smartphone makers

Chinese and Taiwanese smartphone suppliers are reportedly scaling back component production in the wake of Apple's iPhone SE, which appears to be impacting the sales of local smartphone brands.

Roger Fingas 10 years ago 55

Apple's iPhone loses ground in 'urban China' for first time since 2014 - report

Apple's smartphone marketshare in "urban China" dropped 3.2 percentage points year-over-year during the spring quarter of 2016 — marking the company's first such decline in the region since August 2014, according to research data published on Wednesday.

Roger Fingas 10 years ago 28
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