Apple stock dips after Credit Suisse says iPhone shipments drop 35% in China

France Nouvelles Nouvelles

Apple stock dips after Credit Suisse says iPhone shipments drop 35% in China
France Dernières Nouvelles,France Actualités
  • 📰 CNBC
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 72%

The analysts cited the looming December 15 deadline that could see more tariffs imposed on Apple products as part of the ongoing U.S.-China trade war.

Chinese customers in an Apple store on Jan. 3, 2019, in Beijing, one day after Apple preannounced weak quarterly results that it attributed primarily to a sales slowdown in China.Chinese consumers are cooling on the iPhone, according to a new report by Credit Suisse analysts.

iPhone shipments in China dropped 35.4% in November compared to the same time last year, the analysts wrote in a note Thursday, despite a slight increase in the Chinese smartphone market at the same time. The analysts said Chinese iPhone sales declined 10.3% year-over-year in October, making this the second straight month of double-digit precentage drops.

Since the launch of the iPhone 11 family, total shipments in China are down 7.4% compared to last year, the analysts said, adding that "we estimate China iPhone revenue fell by >17.5% y/y over the past three months .""Our base case continues to factor in a favorable resolution ; however, we think Apple would have a difficult time pushing through tariff-related price increases to U.S. consumers without a commensurate impact on demand.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

CNBC /  🏆 12. in US

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Apple Card users can now buy an iPhone in installments with no interestApple Card users can now buy an iPhone in installments with no interestApple announces that starting Tuesday, people who have an Apple Card can buy an iPhone in 24 installments without paying interest.
Lire la suite »

Apple CEO Tim Cook says monopolies aren't bad if they aren't abusedApple CEO Tim Cook says monopolies aren't bad if they aren't abusedIn an interview with Nikkei Asian Review on Wednesday, the Apple CEO denied that Apple itself has a monopoly in any sector.
Lire la suite »

Apple accused of monitoring employee text messages in lawsuit against ex-chip execApple accused of monitoring employee text messages in lawsuit against ex-chip execApple is suing its former chip architect over claims he breached his contract by heading up a new server chip company.
Lire la suite »

Apple Cider Vinegar Gummies Now Exist, and I Put Them to the Taste TestApple Cider Vinegar Gummies Now Exist, and I Put Them to the Taste TestApple cider vinegar boosts many health benefits, but it notoriously tastes pretty bad. So, we decided to taste test Goli's new Apple Cider Vinegar Gummies.
Lire la suite »

Camila Cabello Talks Her Boyfriend Shawn Mendes, Rihanna in Apple InterviewCamila Cabello Talks Her Boyfriend Shawn Mendes, Rihanna in Apple Interview“Those are for real shit songs.' Camila Cabello talks first stabs at songwriting
Lire la suite »

U.S. senators threaten Facebook, Apple with encryption regulationU.S. senators threaten Facebook, Apple with encryption regulationU.S. senators grilled Apple Inc and Facebook Inc executives over their encryptio...
Lire la suite »



Render Time: 2025-03-13 12:23:17