Apple’s Iphones Selling in Large Numbers in China Again

In December 2018, Apple CEO Tim Cook was a worried man because of falling sales of iPhones in China, one of the most important markets for the company. In fact, he wrote a letter to the investors to be prepared for lower sales in the holiday quarter because of dropping iPhone sales in the Chinese market. It was the first time since 2002 that Apple CEO had to issue a warning to its stakeholders. Within a year, situation has reversed and sales of iPhones are increasing in China. In fact, 18% more iPhones were sold in China in December 2019 than in December 2018. This tremendous iPhone support from Chinese people has investors smiling again.

This performance of iPhones is even better than what was predicted by WSJ. In December 2019, Apple shipped half a million iPhones more than in December 2018. This jump in the sales of iPhones in China was reflected in the increasing stock prices of Apple on the stock market.

There can be no two opinions about the fact that China is a crucial market for Apple. Chinese market accounts for nearly 17% of the annual sales of Apple products. One product that drives the profits of the company is indeed iPhone.

If one compares the performance of the company in Chinese market in the last two years, he finds that sales of iPhones had dropped by almost 15% two years ago. Today, sales have increased by 18% over the past one year. One big factor in the decrease in sales of iPhones in China was the ongoing trade war between America and China. Sales were also negatively impacted by a slowing Chinese economy. Both these factors combined to hit the sales of iPhones throughout the last year.

Apple announced in April 2019 that its sale of iPhones in China dropped by 17% in the first quarter as compared to the sales figures of the first quarter in 2018. There were experts who even predicted sale of iPhones to drop as much as 50% if circumstances did not improve. In June 2019, Apple revealed that iPhones made up for less than half of the revenue generated by the company. This happened for the first time in the history of Apple.

Fortunes of Apple changed after it launched iPhone 11 in September 2019. Sales of the new iPhone broke all previous records. This new iPhone had a better battery life and also a much better camera and yet it was made available at a price that was less than what customers expected. Apple noted a much better response to iPhone 11 from Chinese customers.

From the calls received by iPhone helpline across China, it has been estimated that nearly 60-70 million iPhone owners in China are likely to upgrade to the latest iPhone in the near future. With Apple likely to release 5G enabled iPhones this year, sales of iPhones in China is expected to increase even further.

In addition to all those who will jump to buy iPhone 5G as soon as it is launched in 2020, there will be millions more ready to upgrade their existing iPhones.

Comments

Quick Tips on Data Backup & Backup Recovery

Data backup and recovery is of massive importance for any business irrespective of its size and nature. This is why any business owner should not dare to take this process lightly. Any lapse on the part of the company and it can lead to massive losses both in terms of business and lost clients. Whether you are doing it with the help of a service provider or your own IT department, you must ensure that your data is being backed up and its recovery is possible quickly in real time. Many business owners do not know a thing about data backup and recovery and they even do not know where to turn to when they needdata backup & backup recovery help. Backups done on a daily basis Data loss can prove to be a disaster for a company. All operations come to a standstill and there can be a deluge of complaints and cancellation of orders. There are different ways in which a business can avoid likelihood of data loss. Daily data backup is one of the best lines of defence is to go for. If data is b...

Malwarebytes Slams Apple for the Poor Quality Patching Process

Malwarebytes has emerged as one of the most popular antivirus systems around the world in recent times. This is when Malwarebytes does not fulfill the requirements to be labeled as fully-fledged antivirus. Recently, the company surprised everyone by complaining against Apple, one of the biggest tech companies in the world. In a blog post written by Malwarebytes support , the company criticized the patching process of Apple saying it can have serious repercussions for the safety and security of the systems being used by the customers. Thomas Reid, Mac and mobile director in Malwarebytes, wrote a blog post that centers on a campaign called Watering Hole being run in Hong Kong. Watering Hole is actually a security threat that was aimed at the users of Mac OS who were directing people to a pro-democracy event supported by a political organization. TAG from Google first reported about Watering Hole some time ago. Hackers made use of two vulnerabilities in the Mac OS to launch th...

An insight into the ways to fix LG TV Not Connecting to WiFi

A problem remains a problem until you learn about the ways to settle it. Once, you learn how to tackle the errors, it’s no more a problem for you. Surviving in a world with advancements in technology, one must know the measures to deal with the possible issues. Nowadays, TVs are connected to WiFi to experience uninterrupted entertainment. But this too carries some problems associated with it. Today, we will be discussing one common connecting issue relating to the LG TV. LG TVs are well known for their high-quality picture but there are some common complaints made by users relating to them. One such highly recorded complaint made by the user is the “LG TV not connecting to WiFi”. It has been recorded that sometimes users face difficulty in connecting their TV with a WiFi connection. So, in this read, we will look at the causes that lead to the emergence of this issue and after then we will dive in to find out the ways to settle the issue on our own. So, are you rea...

Game:Grumps10

Search This Blog