City
Epaper

Apple iPhone sales down in China in May: Report

By IANS | Updated: June 24, 2020 10:15 IST

San Francisco, June 24 After an initial rebound, the iPhone sales plummeted in China in May as Apple ...

Open in App

San Francisco, June 24 After an initial rebound, the iPhone sales plummeted in China in May as Apple reopened retails stores in the country after the Covid-19 pandemic.

According to CNBC, Apple sold 3.6 million iPhones in China in May, down from 3.9 million in April.

That's a 7.7 per cent fall versus April, according to Shanghai-based CINNO Research, the report said on Tuesday.

However, spending on App Store and other Services grew in May for Apple.

In April, Apple reported 71 per cent revenue growth in China during the preceding quarter.

With this, China overtook Europe to become Apple's second largest market only to the US.

The company also reported quarterly sales of the iPhone in China at 61 million units in the March quarter, exceeding sales in the US.

Apple CEO Tim Cook said in May that China would be Apple's largest market within two years and that the number of Apple stores in China would almost double to 40 within that time frame.

Chine smartphone market underwent its highest decline in the January-March period due to the impact of coronavirus pandemic and Huawei was the only smartphone player that achieved positive growth (year-on-year).

Smartphone sales in China fell by 22 per cent (YoY) and 24 per cent (quarter-on-quarter) in Q1 2020, according to Counterpoint Research.

Apple and Huawei managed to increase market share from the same period last year, clearly out-performing the overall market in Q1 2020.

( With inputs from IANS )

Tags: applechinaSan FranciscoCnbcTim CookSan francisco baySupport companyApple education
Open in App

Related Stories

Mumbai₹58-Crore Digital Arrest Scam: Maharashtra Cyber Probe Reveals Links to China, Hong Kong and Indonesia

CricketCricket Hong Kong China Unveils India’s Full Squad for Hong Kong Sixes 2025

InternationalUS Navy Helicopter and Fighter Jet Crash in Separate Incidents in South China Sea

OpinionsRare Earth Minerals Conundrum

InternationalTyphoon Ragasa Live Tracker Map: Deadly Cyclonic Storm Nears Vietnam After Wreaking Havoc in China, Hong Kong and Taiwan; Check Real-Time Status

Technology Realted Stories

TechnologyMini car sales to remain below 100,000 units for 2nd year in S. Korea

TechnologySamsung to invest $309 billion over next 5 years

TechnologySouth Korea's SK to pour $87.9 billion into domestic investment through 2028

Technologye-Jagriti empowers consumers: 2.75 lakh users registered, 1.3 lakh complaints filed since January launch

TechnologyCorporate bond issuances rise 8 pc to Rs 6.3 lakh crore till October this fiscal: SBI report