Apple loses top spot in China market with shipments down 6.6% in Q1, data shows [Reuters]
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: Reuters
April 25 (Reuters) - Apple lost its crown as China's biggest smartphone seller in the first quarter of 2024 as its smartphone shipments fell 6.6% from a year ago amid intense competition, preliminary data from research firm IDC showed on Thursday. Honor and Huawei were tied for the top spot, with Honor's market share rising to 17.1% and Huawei's share climbing to 17%, IDC said, while the iPhone maker's market share fell to 15.6%. The IDC declares a statistical tie when the difference between the share of revenue or shipments between two or more vendors is 0.1% or less. "Apple's price promotions in the quarter were unable to mitigate the impact of the intense competition from Android players," Arthur Guo, senior research analyst at IDC China said in the report. Overall smartphone shipments in China rose 6.5% to 69.3 million units, according to IDC. Earlier this week, data from research firm Counterpoint showed Apple's smartphone shipments in China 19% in the first quarter of
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