Counterpoint Research: Apple reverts China iPhone slump

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For the past two years, Apple has been having a tough time in China. Just recently, the U.S. trade war and local incentives from the Chinese government really got in the way of iPhone sales. However, Apple seems to be regaining control of the situation.

A two-year long downturn in China

As we covered recently, Apple’s extended rough patch in China may finally be easing. Since Q3 2022, the company has posted year-over-year revenue growth in just one quarter, with declines of up to…



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Counterpoint Research: Apple reverts China iPhone slump


For the past two years, Apple has been having a tough time in China. Just recently, the U.S. trade war and local incentives from the Chinese government really got in the way of iPhone sales. However, Apple seems to be regaining control of the situation.

A two-year long downturn in China

As we covered recently, Apple’s extended rough patch in China may finally be easing. Since Q3 2022, the company has posted year-over-year revenue growth in just one quarter, with declines of up to…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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