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Stockreport

Apple's China iPhone Shipments Soar 12% in March After Discounts [Yahoo! Finance Canada]

Apple Inc. (AAPL)  More Company Research Source: Yahoo! Finance Canada
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
Most Read from Bloomberg Government data showed shipments of foreign-branded smartphones — the vast majority of which would have been Apple's marquee device — grew to 3.75 million units in March from a year earlier. That's an about-face from a 37% slump in the first two months of 2024, according to Bloomberg's calculations off a monthly report by the China Academy of Information and Communications Technology. The official readout emerged after Apple Chief Executive Officer Tim Cook, addressing an analyst's question last week about the March quarter, said the iPhone business in mainland China grew without offering more details. ADVERTISEMENT Apple has struggled to turn its Chinese business around since 2023, when the rise of local rivals such as Huawei Technologies Co. and an unofficial ban on the use of the iPhone in state agencies and firms began to depress its most important market after the US. The academy's data showed that foreign phone shipments were down 27% in the first [Read more]
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Stockreport

Apple's China iPhone Shipments Soar 12% in March After Discounts [Yahoo! Finance Canada]

Apple Inc.  (AAPL) 
More Company Research Source: Yahoo! Finance Canada
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
Most Read from Bloomberg Government data showed shipments of foreign-branded smartphones — the vast majority of which would have been Apple's marquee device — grew to 3.75 million units in March from a year earlier. That's an about-face from a 37% slump in the first two months of 2024, according to Bloomberg's calculations off a monthly report by the China Academy of Information and Communications Technology. The official readout emerged after Apple Chief Executive Officer Tim Cook, addressing an analyst's question last week about the March quarter, said the iPhone business in mainland China grew without offering more details. ADVERTISEMENT Apple has struggled to turn its Chinese business around since 2023, when the rise of local rivals such as Huawei Technologies Co. and an unofficial ban on the use of the iPhone in state agencies and firms began to depress its most important market after the US. The academy's data showed that foreign phone shipments were down 27% in the first [Read more]
IMPACT SNAPSHOT
EVENT TIME:
AAPL
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
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
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 (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS