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Apple’s iPhone sales in China will probably worsen throughout 2024, according to Jefferies analysts, with a double-digit decline forecast for sales in the country.
Futian District, Shenzhen
Futian District, Shenzhen
Despite the opinion of some analysts that Apple’s being “resilient” in China, the company’s sales have still taken a knock. If analysts from Jefferies are to be believed, the downturn may continue further.
According to a note released by Jefferies on Sunday and seen by Bloomberg, industry checks indicate that the rest of the mobile industry grew in December, while Apple endured a sluggish start for the iPhone 15 generation. It is claimed that the slower sales has resulted in a 30% year-on-year decline for the iPhone.
Go Here to Read this Fast! Apple China iPhone downturn expected to continue throughout 2024
Originally appeared here:
Apple China iPhone downturn expected to continue throughout 2024
