Apple's iPhone sales in China will probably worsen throughout 2024, according to Jefferies analysts, with a double-digit decline forecast for sales in the country. Futian District, ShenzhenDespite the opinion of some analysts that Apple's being "resilient" in China, the company's sales have still taken a knock. It is claimed that the slower sales has resulted in a 30% year-on-year decline for the iPhone. The Jefferies note is a continuation of opinions from most analysts that Apple's China sales could be in trouble. November 11's Singles Day, a major sales event in China, apparently saw Apple's iPhone sales dip year-on-year by 4%, while Huawei smartphones enjoyed a 66% increase.

Source: The Guardian January 08, 2024 18:08 UTC