Demand for Apple's iPhone has gone 'from bad to worse,' analysts claim - News Summed Up

Demand for Apple's iPhone has gone 'from bad to worse,' analysts claim


Several Wall Street analysts claim public demand for Apple's flagship handsets is getting worse, particularly in China. The reports come after Apple published weak results for the latest quarter, underscored by steep declines in revenue from China and slowing iPhone sales. '...Multiple iPhone price cuts did not stop China iPhone search trends from weakening further while February supplier sales were abysmal, decelerating on a year over year basis vs. That said, Harrison claims the price cuts have done little to jumpstart iPhone sales in China. With growing concerns about iPhone sales, Apple has tried to turn attention to its Services segment.


Source: Daily Mail March 12, 2019 20:28 UTC



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