Analyst Ming-Chi Kuo says that Apple has cut its iPhone component orders by 15% year over year, as users in China increasingly prefer AI and foldable smartphones from Huawei.
Apple’s iPhone 15 Pro
Apple’s iPhone 15 Pro
It has already been repeatedly reported that iPhone sales have dropped sharply in China, although there have been signs of recovery. Tim Cook tried spinning the decline as a consequence of worldwide economics, but now Ming-Chi Kuo says there are specific factors that are not going to be fixed by the iPhone 16.
2024 iPhone shipments likely to decline significantly by about 15% YoY due to structural challenges / iPhone 202415% YoYhttps://t.co/MKL4B67IvY
— (Ming-Chi Kuo) (@mingchikuo) January 30, 2024
Go Here to Read this Fast! Apple needs an AI iPhone fold to stem its increasing decline in China
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Apple needs an AI iPhone fold to stem its increasing decline in China