Apple’s struggles in China continue, according to new data from research firm Canalys. This data indicates that not only did Apple fall out of first place in China for smartphone shipments in Q1 2024, it fell all the way to fifth place. more
Amid the semiconductor industry’s slowdown and increasing geopolitical tensions, Dutch chip machine-maker ASML reported a decrease both in sales and profits. Europe’s most valuable tech company saw orders fall to €3.6bn in the first quarter of 2024, down from €9.2bn in the previous quarter. Its net profit also dropped to €1.2bn — a 37% decrease compared to Q4 2023. “We see 2024 as a transition,” ASML's President and CEO Peter Wennink said in a statement. Wennink expects a stronger...
Apple saw sales of its iPhones fall 19.1% in the first three months of the year, according to data from Counterpoint Research.
Data from Counterpoint Research pointed to a drop in Apple smartphone sales in China during Q1, with a Huawei resurgence in the premium sector a factor.
Huawei launched the Pura 70 series of smartphones on Thursday in a bid to continue its resurgence in China and ramp up its challenge to Apple in the market.
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Apple, once the dominant player in the smartphone market, is now the third most popular brand on the mainland.
Apple Vision Pro, remember that? Apple is reportedly struggling to sell its existing stock of the headset and is cutting production because of low demand. [Read More]
The £99 Apple watch comes in 3 colours - Rose Gold, Silver and Space Grey
Source: NurPhoto / Getty / Apple Vision Pro Not even Apple could make a big splash in the VR/AR space. According to reports, the company Steve Jobs built is slashing shipments of its latest product, the Apple Vision Pro. Reliable Apple analyst Ming-Chi Kuo claims that the tech giant is cutting Vision Pro shipments to 400,000-450,000 units while the market predicts 700,000–800,000 units or more. Apple’s headset allegedly flopping signals that the demand for the $3,500 headset was not as high...
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... triangle biggest business is struggling. The fact that investors are