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Stockreport

Apple's iPhone shipments dip in Q1 as Honor, Huawei take top spot in China [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
place in the first quarter of 2024, according to research firm International Data Corporation, or IDC. The iPhone shipments saw a 15.6% market share, declining 6.6% year-over-year as the U.S. tech giant faced more intense competition in the Chinese market. Overall, China smartphone shipments grew 6.5% year-over-year to 69.3M units in the first quarter of 2024. It marked the second consecutive quarter of growth, adding momentum to the market recovery, the report added The market saw better-than-anticipated shipments mainly due to strong growth from Honor — which had a 17.1% market share, and grew 13.2% year-over-year — and Huawei, which had a 17% share and grew 110% year-over-year. "Meanwhile, Huawei made a strong comeback and achieved a tie with Honor, though supply constraints will still be a pain point. Apple's price promotions in the quarter were unable to mitigate the impact of the intense competition from Android players," said Arthur Guo, senior research analyst in Clien [Read more]
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Stockreport

Apple's iPhone shipments dip in Q1 as Honor, Huawei take top spot in China [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
place in the first quarter of 2024, according to research firm International Data Corporation, or IDC. The iPhone shipments saw a 15.6% market share, declining 6.6% year-over-year as the U.S. tech giant faced more intense competition in the Chinese market. Overall, China smartphone shipments grew 6.5% year-over-year to 69.3M units in the first quarter of 2024. It marked the second consecutive quarter of growth, adding momentum to the market recovery, the report added The market saw better-than-anticipated shipments mainly due to strong growth from Honor — which had a 17.1% market share, and grew 13.2% year-over-year — and Huawei, which had a 17% share and grew 110% year-over-year. "Meanwhile, Huawei made a strong comeback and achieved a tie with Honor, though supply constraints will still be a pain point. Apple's price promotions in the quarter were unable to mitigate the impact of the intense competition from Android players," said Arthur Guo, senior research analyst in Clien [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