In the third quarter (Q3) of 2023, smartphone sales in China declined 3% year-over-year (YoY) in a sign the market could be closer to bottoming out, according to Counterpoint Research. Let’s hope for Apple’s sake that the research group is correct.
Counterpoint says that Apple lost share in Q3 2023 as some demand was fulfilled in Q1 and Q2 and because the iPhone 15’s launch sales volume was lower than that of the iPhone 14 series. Apple’s smartphone share in China in Q3 of 2023 is 15.3%. That’s down from 14.2% in Q3 of 2022.
“iPhone sales declined as some demand for older models was fulfilled in Q1 and Q2 2023 due to earlier-than-expected price cuts by channels, which were not offset by the official price adjustment,” according to Counterpoint Research Director Alicia Gong. “This was compounded by initial supply constraints faced by the iPhone 15 series, which resulted in lower sales compared to the iPhone 14 series for the launch period.”
Huawei was the big winner among smartphone manufacturers, growing 37% YoY on the back of the newly launched Mate 60 series, which is powered by its SoC Kirin 9000S.
Apple is already working on next year’s versions of all its operating systems, Bloomberg’s Mark…
Apple Intelligence is coming to the Vision Pro — just not this year.
In a new Medium post analyst Ming-Chi Kuo says Apple plans to mass-produce new AirPods…
Here are the top Apple-related articles at Apple World Today for the week of June…
PDF Reader Pro gives your Mac the functionality it needs to become a PDF-editing powerhouse.
Hey, Margrethe Vestager of the EU, you can’t have it both ways with Apple.