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Analyst firm Counterpoint Research said iPhone sales dropped 24% in the first six weeks of 2024 as Apple faced stiff competition from local smartphone firms. International: Top News And Analysis
Apple is facing challenges in China including cautious consumer sentiment and intense competition, in particular from a rejuvenated Huawei. International: Top News And Analysis
Apple is hoping that its new iPhones can bust a sales slump, fend off renewed competition from Huawei, and can persuade owners of Android phones to switch. U.S. News
The factory, operated by Foxconn, is operating at “significantly reduced capacity,” Apple said. U.S. News
Foxconn, the Taiwan company that assembles Apple’s iPhone, has launched an platform to help automobile companies make electric cars. International: Top News And Analysis
Apple was affected by the shutdown in China during the height of the coronavirus pandemic in the country, but it has seen a sharp rebound as the the economy re-opened. International: Top News And Analysis
Apple’s decision to temporarily shutter its stores in China as a result of the new coronavirus could delay up to 1 million iPhone sales but is unlikely to have a substantial impact on the company’s…