Huawei sales are soaring in China as Apple sinks [CNN]
Apple Inc. (AAPL)
Last apple inc. earnings: 4/30 04:30 pm
Check Earnings Report
US:NASDAQ Investor Relations:
investor.apple.com
Company Research
Source: CNN
New Delhi CNN — The Shenzhen-based conglomerate, which has been a flashpoint in the escalating rivalry between Washington and Beijing, saw 70% year-on-year growth in its smartphone sales in China in the first quarter, while Apple's sales declined by more than 19%, according to Counterpoint Research. “Apple's sales were subdued during the quarter as Huawei's comeback has directly impacted Apple in the premium segment,” said Ivan Lam, senior research analyst at Counterpoint. The iPhone maker, which led China's smartphone market with a share of nearly 20% in the first quarter of 2023, has fallen to the third spot in the first three months of this year, according to Counterpoint. Its market share now stands at 15.7%, while Huawei's has jumped to 15.5%, from 9.3% last year. Huawei's popular Mate 60 Pro smartphone made headlines last year when the US government sought more information about the model, which included a sophisticated processor. Its debut shocked industry experts wh
Show less
Read more
Impact Snapshot
Event Time:
AAPL
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
AAPL alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
AAPL alerts
High impacting Apple Inc. news events
Weekly update
A roundup of the hottest topics
AAPL
News
- S&P 500 Earnings Strong, And 'Upside Surprise' Higher Than Last Few Quarters [Seeking Alpha]Seeking Alpha
- Apple Q2: Service Business Continues To Shine [Seeking Alpha]Seeking Alpha
- LG's quirky briefcase TV is nearly matching its best price to date [Verge, The]Verge, The
- Apple's China sales tell a different story than what analysts have heard for months. Where is the disconnect? [Fortune]Fortune
- Food Affordability Crisis Looms as Farm Bill Debate Heats Up: Millions at Risk of Hunger [Yahoo! Finance]Yahoo! Finance
AAPL
Earnings
- 5/2/24 - Beat
AAPL
Sec Filings
- 5/3/24 - Form 8-K
- 5/3/24 - Form 10-Q
- 5/2/24 - Form 8-K
- AAPL's page on the SEC website