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Apple Inc could be seeing weaker-than-expected demand for its iPhone product line, especially in China, where trade tensions have been weighing down sales, analysts said on June 17.
Apple Inc is expected to blast further past the US$1,000 (RM4,100) price barrier when it launches new iPhones, but Wall Street is most intrigued by how deep into its larger-than-ever lineup prices hikes may go.
Apple Inc shares surged by almost half last year on predictions that Apple’s 10th anniversary iPhone would be a runaway hit. But demand for the flagship handset, the iPhone X, hasn’t met the most optimistic expectations.
Apple Inc has finally snapped its losing streak in China, thanks mostly to a dearth of splashy rival phones. But even the heavily hyped iPhone X may not help it keep – let alone expand – its share of the world’s largest mobile market given unusually stiff holiday-season competition.
Gu Xiaomeng, a 24-year-old primary school teacher in the eastern Chinese city of Suzhou, says she's excited about the new iPhone X, set to go on sale on Nov 3. The challenge for Apple Inc is to persuade her to actually buy one.
The chief executive of Canada's biggest wireless company said on Thursday that he is seeing little demand for Apple Inc's iPhone 8, adding to concerns about prospects for sales of the device.
After announcing its first-ever drop in iPhone sales on April 26, Apple Inc sought to reassure investors by saying its latest and cheapest model was in strong demand after being launched in late March. Some retailers and suppliers in Asia aren't so sure.
Apple Inc posted its first-ever decline in iPhone sales and its first revenue drop in 13 years as the company credited with inventing the smartphone struggles with an increasingly saturated market.
Booming shipments of the iPhone 6 helped Taiwan's export orders jump 12.7% in September year-on-year to a record US$43.3bil (RM141.2bil), the government said.
A top Apple Inc executive testified on Friday that Samsung Electronics Co Ltd undermined his company's marketing efforts, reputation and business by selling devices that copied the iPhone and iPad.