Apple sinks to 3rd place in China as iPhone sales slide [Business Insider]
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: Business Insider
Chinese-based rivals Vivo and Honor outpaced Apple's sales in the first quarter of the year, per Counterpoint data. Apple finished the quarter with a 15.7% share of the market, down from 19.7% in the same period last year and barely ahead of Huawei's 15.5%, per the research outfit. In stark contrast with Apple's slide, Huawei sales soared by almost 70% compared with the first three months of 2023. Counterpoint research analyst Ivan Lam said in a note that Huawei's surge had directly affected iPhone sales in China. Apple had also been hit by fewer consumers replacing their smartphones, he added. Huawei's rise has given Apple CEO Tim Cook a new headache, given he's already dealing with disappointing iPhone 15 sales and government bans in China. Cook went to China in March to visit Apple's newest store in Shanghai and attend the high-profile China Development Forum in Beijing. Huawei recently released a new series of smartphones called the Pura 70 that has an advanced camera sys
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
- Apple Inc. (NASDAQ: AAPL) was upgraded by analysts at Itau BBA Securities from an "underperform" rating to a "market perform" rating. They now have a $188.00 price target on the stock, up previously from $162.00.MarketBeat
- Analyst revisit Apple price targets after earnings, dividend, buyback news [Yahoo! Finance]Yahoo! Finance
- Apple's AI products aren't convincing just yet: Analyst [Yahoo! Finance]Yahoo! Finance
- Apple's AI products aren't convincing just yet: Analyst [Yahoo! Finance Canada]Yahoo! Finance Canada
- ETFs to Buy on Apple's Q2 Earnings Beat, Largest-Ever Buyback [Yahoo! Finance]Yahoo! Finance
AAPL
Earnings
- 5/2/24 - Beat
AAPL
Sec Filings
- 5/3/24 - Form 10-Q
- 5/2/24 - Form 8-K
- 4/17/24 - Form 4
- AAPL's page on the SEC website