Apple’s Iphones Selling in Large Numbers in China Again

 In December 2018, Apple CEO Tim Cook was a worried man because of falling sales of iPhones in China, one of the most important markets for the company. In fact, he wrote a letter to the investors to be prepared for lower sales in the holiday quarter because of dropping iPhone sales in the Chinese market. It was the first time since 2002 that Apple CEO had to issue a warning to its stakeholders. Within a year, situation has reversed and sales of iPhones are increasing in China. In fact, 18% more iPhones were sold in China in December 2019 than in December 2018. This tremendous iPhone support from Chinese people has investors smiling again.

This performance of iPhones is even better than what was predicted by WSJ. In December 2019, Apple shipped half a million iPhones more than in December 2018. This jump in the sales of iPhones in China was reflected in the increasing stock prices of Apple on the stock market.

There can be no two opinions about the fact that China is a crucial market for Apple. Chinese market accounts for nearly 17% of the annual sales of Apple products. One product that drives the profits of the company is indeed iPhone.

If one compares the performance of the company in Chinese market in the last two years, he finds that sales of iPhones had dropped by almost 15% two years ago. Today, sales have increased by 18% over the past one year. One big factor in the decrease in sales of iPhones in China was the ongoing trade war between America and China. Sales were also negatively impacted by a slowing Chinese economy. Both these factors combined to hit the sales of iPhones throughout the last year.

Apple announced in April 2019 that its sale of iPhones in China dropped by 17% in the first quarter as compared to the sales figures of the first quarter in 2018. There were experts who even predicted sale of iPhones to drop as much as 50% if circumstances did not improve. In June 2019, Apple revealed that iPhones made up for less than half of the revenue generated by the company. This happened for the first time in the history of Apple. 

Fortunes of Apple changed after it launched iPhone 11 in September 2019. Sales of the new iPhone broke all previous records. This new iPhone had a better battery life and also a much better camera and yet it was made available at a price that was less than what customers expected. Apple noted a much better response to iPhone 11 from Chinese customers.

From the calls received by iPhone helpline across China, it has been estimated that nearly 60-70 million iPhone owners in China are likely to upgrade to the latest iPhone in the near future. With Apple likely to release 5G enabled iPhones this year, sales of iPhones in China is expected to increase even further.

In addition to all those who will jump to buy iPhone 5G as soon as it is launched in 2020, there will be millions more ready to upgrade their existing iPhones.

Comments

Post a Comment

Popular posts from this blog

Subsidized Hp Printers Only With Locked in Hp Print Supplies

Image
 HP is one of the major players in the world of printers and print supplies. High quality printers are sold by the company at low prices. This  HP printer support  to the customers comes with the expectation that they will use print supplies made by the company. In fact, the bulk of the revenues for HP are generated through the sale of print supplies. Now the company has hinted a shift towards managed print business model that will make sure customers get printers at subsidized rates only if they fulfill their print supplies through the company. This business plan was disclosed by the executives of HP last week. According to this plan, HP printers at low prices will only be made available only if the customer agrees to purchase print supplies through HP partners. Customers not agreeing to this plan and using supplies form third party vendors will have to pay more for the same printers. This move by HP is being seen as a response to a decrease in its print supplies busine...
Read more

Avg Browser Extensions Caught Spying on User’s Behavior

Image
 AVG antivirus free version is the most popular software used by people to safeguard their safety against online threats. Users are asked to install some browser extensions when setting up the program on their computers. Recently, Mozilla has removed some browser extensions being offered by Avast and AVG antivirus programs. This was done as there were reports that these extensions were spying on the browsing behaviors of the customers and gathering this data.  AVG customer care  is not confirming these reports as of now. The extensions that have been blamed for snooping on browsing history of users are AVG SafePrice, AVG Online Security, Avast SafePrice, and Avast Online Security. If you are not aware, Online Security extension claims to protect the user by disallowing visit to a malicious website. On the other hand, SafePrice browser extension says it works to apprise the user about websites where it can get higher discounts and better deals. It appears that both these ...
Read more

Threats Increasing for Mac Devices, Feels Malwarebytes

Image
 A new study carried out by Malwarebytes has revealed that threat detections for Mac computers have been on a rise in 2019. This study done by Malwarebytes lab researchers focused upon top threats for Windows, Mac, and Android based devices. They found that out of top 25 threats, 6 were mainly found on Mac devices. This is not an unusual statistic but when one takes a look at relatively small numbers of Mac devices in comparison to Android and Windows devices, he feels this is a relatively high number. If you are a Mac user, you can confirm this finding by contacting  Malwarebytes help number . The same sentiment was echoed by Malwarebytes Mac and Mobile Director Thomas Reed. He said that 16% threats for Mac devices is not a big number but it becomes interesting when one takes a look at the relatively smaller numbers of Mac devices being used by consumers these days. Reed also added that the presence of Malwarebytes on Mac computers is also 1/8 in comparison to Windows based c...
Read more