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iPhone 15 sales look like they're starting off slow in China ahead of a critical holiday season - TL;DR CNBC

iPhone 15 sales look like they're starting off slow in China ahead of a critical holiday season

Publishing timestamp: 2023-10-18 16:10:56


Summary

The article discusses signs of slow demand for Apple's iPhones in China compared to last year's models. Sales of the latest iPhone models are down in China, and shorter shipping times on Apple's website suggest either decreased demand or increased supply. Analysts are concerned about Apple's outlook in China, especially with the return of Huawei to the high-end smartphone market. However, U.S. demand for Apple products remains strong. Investors are eager to see Apple return to growth this holiday season, and the upcoming "Singles' Day" shopping holiday in China could provide insight into Apple's performance.


Sentiment: MIXED

Tickers: AAPL

Keywords: entertainmentbusinessapple inctechnologychinabreaking news: technologyipadiphonetim cookmobileearningsbusiness news

Source: https://www.cnbc.com/2023/10/18/apple-iphone-15-sales-look-like-theyre-starting-off-slow-in-china.html


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