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Stockreport

Apple's iPhone shipments in China grew in March, shows government data - report [Seeking Alpha]

Apple Inc. (AAPL)  More Company Research Source: Seeking Alpha
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
Government data showed deliveries of foreign-branded smartphones — a bulk of which would have been the iPhone — rose to 3.75M units in March compared to a year earlier. The shipments had seen a 37% slump in the first two months of 2024, the report added , as per the news agency's calculations off a monthly report by the China Academy of Information and Communications Technology. The official data suggests that efforts made by the U.S. tech giant to halt the decline of sales were showing early results. The data came to light after Apple's CEO Tim Cook, addressing an analyst's query last week about the March quarter, said the iPhone business in mainland China had risen but did not provide details, the report noted. The institute's data showed that foreign phone shipments fell 27% in the first quarter of 2024 overall. Apple's smartphone market share had been dipping in China. The U.S. company slipped to the third spot in China's smartphone market as local rivals Honor and Huaw [Read more]
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Stockreport

Apple's iPhone shipments in China grew in March, shows government data - report [Seeking Alpha]

Apple Inc.  (AAPL) 
More Company Research Source: Seeking Alpha
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
Government data showed deliveries of foreign-branded smartphones — a bulk of which would have been the iPhone — rose to 3.75M units in March compared to a year earlier. The shipments had seen a 37% slump in the first two months of 2024, the report added , as per the news agency's calculations off a monthly report by the China Academy of Information and Communications Technology. The official data suggests that efforts made by the U.S. tech giant to halt the decline of sales were showing early results. The data came to light after Apple's CEO Tim Cook, addressing an analyst's query last week about the March quarter, said the iPhone business in mainland China had risen but did not provide details, the report noted. The institute's data showed that foreign phone shipments fell 27% in the first quarter of 2024 overall. Apple's smartphone market share had been dipping in China. The U.S. company slipped to the third spot in China's smartphone market as local rivals Honor and Huaw [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)
%
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%
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