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China's Android shipments plunge as inventory builds in contrast to iPhones: Jefferies [Seeking Alpha]
Last apple inc. earnings: 4/30 04:30 pm
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US:NASDAQ Investor Relations: investor.apple.com
was in sharp contrast to Apple ( AAPL ) iPhones demonstrating a slight month-over-month decline in rolling six-month inventory days, according to data by Jefferies. "Since our Quick Insights iPhone shipments show a sharp year-over-year decline but with healthier inventory and limited discounts; Android shipments also declined but faced bigger inventory buildup and steeper discounts. Rising memory costs are expected to pressure Chinese OEMs to cut shipments, sell down inventories, and maintain margins despite heavy discounting. Lower Android shipments and a shift by some brands to domestic suppliers could negatively impact Qualcomm's business in China. More Trending News
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