Apple’s iPhone sales worldwide are up, but in China are down 13% year over year, and CEO Tim Cook argues that it’s a reflection of overall economic issues rather the iPhone losing popularity.
Apple’s iPhone 15 Pro range
Apple’s iPhone 15 Pro range
During Apple’s Q1 2024 earnings announcement, Apple has reported that its total iPhone sales in China were $20.82 billion. It’s a drop of 13% compared to the same period in 2023.
“The dollar is very strong versus the RMB,” Tim Cook told CNBC. “And so that negative 13 goes to a mid-single digit number.”
Go Here to Read this Fast! iPhone sales are up, but take a big hit in China
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iPhone sales are up, but take a big hit in China