Ap­ple Q3 iPhone ship­ments surge 40% in China

Kuwait Times - - Business -

SHANG­HAI: Ap­ple has ended an 18-month slump in iPhone sales in China with a 40 per­cent surge in ship­ments in the third quar­ter, ac­cord­ing to a pri­vate sur­vey re­leased yes­ter­day. About 11 mil­lion iPhones were sold in China from July to Septem­ber com­pared to eight mil­lion in the same pe­riod last year, re­search firm Canalys said in a re­port. Ap­ple had neg­a­tive year-on-year growth in China for the pre­vi­ous six quar­ters. The uptick in de­liv­er­ies came even though the coun­try’s over­all mar­ket de­clined five per­cent in the same quar­ter.

“The high sell-in caters to the pent-up de­mand of iPhone up­graders in the ab­sence of the iPhone X,” said Canalys an­a­lyst Mo Jia, adding that price cuts on ear­lier mod­els after the an­nounce­ment of the iPhone 8 also helped. But Ap­ple’s iPhone ship­ments still lag far be­hind do­mes­tic ri­vals, with the com­pany ranked only fifth on the main­land be­hind Huawei, Oppo, Vivo and Xiaomi. Third-quar­ter growth was only tem­po­rary, ac­cord­ing to Mo, pre­dict­ing that Ap­ple was un­likely to sus­tain such mo­men­tum in Q4. —AFP

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