The Silicon Review
13 January, 2020
IPhone sales in China had suffered drastically in the last year due to multiple reasons such as the economic condition in the country and the pursuing trade war that has been happening between the USA and China. A year after the sales did not meet the standards expected by the company, Apple has released a statement saying that the sale of its products in the country is improving again at an excellent rate.
“IPhone sales in China were up 18% in December from the same month a year earlier, an even better performance than Wall Street had projected, according to an investor note from Wedbush analyst Dan Ives. Apple (AAPL) shipped around 3.2 million iPhones to China during the month compared to 2.7 million in December 2018. Our belief that China will continue this positive upward trajectory with renewed growth and share gains on the heels of an iPhone 11 product cycle which the skeptics continue to underestimate,” Ives reported, citing data from the China Academy of Information and Communication Technology.
China is one of the biggest markets for the market of the company contributing to close to twenty percent of its sales with its flagship iPhone being the star product. The fact that the iPhone 11 has an improved battery life along with top of the line cameras are a huge contributing factor to the improving sales.
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