$Apple (AAPL.US)$ China Q2 smartphone sales fall 14.2% y/y a...

$Apple (AAPL.US)$ China Q2 smartphone sales fall 14.2% y/y as consumers pull back

SHANGHAI, July 27 (Reuters) - Chinese smartphone sales in April-June fell 14.2% on year and volumes hit a decade low, Counterpoint Research said on Wednesday, as China struggles to recover from the impact of COVID-19 lockdowns and the industry braces for more uncertainty.

Quarterly sales volumes were 12.6% lower than those seen in the first quarter of 2020, when the pandemic hit China and sales were the worst since the fourth quarter of 2012, when the iPhone 5 was introduced, according to Counterpoint.

The research firm does not give unit sales estimates.

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2022-07-27 04:09:05
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