Market Chatter: Apple Sees Drop in Smartphone Sales in China in October, Data Shows
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Apple iOS to Pick up Pace Vs Android in 2025 After Modest Smartphone Growth in 2024: IDC
IDC: In 2024, the smart phone market will experience a major rebound, while Apple (AAPL.US) shows lackluster growth.
Global smart phone sales rebounded strongly in 2024, but apple (AAPL.US) barely achieved any growth, highlighting the speed at which competition based on the Android system is making progress in china and emerging markets.
Express News | Shipments of Foreign Branded Phones Including Apple Iphones Within China Down 55.75% Y/Y at 6.22 Million Handsets in Oct - Reuters Calculations Based on Caict Data
Express News | Shipments of Smartphones Within China up 1.8% Y/Y at 29.67 Million Handsets in Oct - Caict
Barclays: Apple (AAPL.US) may suffer 'collateral damage' from the US Department of Justice's antitrust case against Google (GOOGL.US).
Barclays stated that if the usa Department of Justice proceeds with the antitrust lawsuit against Google as it currently stands, apple may ultimately suffer "collateral damage."
IDC: Global smart phone sales are expected to grow by 6.2% this year, but iPhone is only expected to increase by 0.4%.
An independent study shows that after two consecutive years of decline, global smart phone sales rebounded strongly in 2024, with Apple almost failing to achieve growth, highlighting the speed at which competitors based on the Android system are making progress in China and emerging markets. According to the market tracking institution International Data Corporation (IDC), global smart phone shipments are expected to grow by 6.2% in 2024, reaching 1.24 billion units. However, iPhone sales may only increase by 0.4%. Nonetheless, IDC estimates that Apple's iPhone remains the industry profit leader so far, with an average selling price exceeding 100.
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U.S. stocks closed: The Dow and S&P reached all-time highs, while general motors plunged nearly 9%.
① Most technology giants rose, only Tesla fell; ② Eli Lilly and Co rose by 4.5%, as Biden proposed health insurance coverage for weight loss drugs; ③ The Chinese concept stock Jinlong Index fell by 0.8%, Nio fell by 7.7%; ④ Apple proposed to increase investment by 0.1 billion US dollars to seek to lift the sales ban, but was rejected by the Indonesian government.
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