In a note to clients — as noted by AppleInsider — Morgan Stanley analyst Katy Humber says Apple’s iPhone installed base in China saw year-over-year growth in May for the fifth consecutive month.
Apple gained 51 basis points to give it 19.5% marketshare. Huberty says that, ”In our view, “iPhone price cuts, greater usage of financing vehicles, lower VAT taxes and Chinese consumer confidence that is up ~10 points from last summer (per the National Bureau of Statistics of China) are contributing to surprisingly stable demand trends.”
That said, she’s still anticipating iPhone shipments to be down 10% year-over-year in the June quarter, and down 8% in the September period. iPhone sales fell 15% in the December quarter.
As you’ve probably noticed (at least I hope you have, or else I’ve made a…
Here are the top Apple-related articles at Apple World Today for the week of May…
One of the biggest reasons people are starting to lean on AI for knowledge and…
The internet offers infinite forms of entertainment, and the world of on-line gaming isn't any…
PDF Expert is a uniquely fast, reliable, easy-to-use PDF editor that is built with the…
Apple is developing a “significantly thinner version” of the iPhone that could be released next…