From a fundamental point of view, this miss is meaningless as there were supply constraints and estimates were overly bullish. There is no evidence that those likely to buy iPhone 5 are shifting to competing phones.

Topics:  iphone   
BING NEWS:
  • Apple losing crown of top phone maker ripples through supply chain
    Apple Inc. lost its title as the world’s largest smartphone maker in the first quarter, and the decline in shipments bodes poorly for its supply chain.
    04/25/2024 - 8:57 am | View Link
  • Apple iPhone Sales Hit 6-Year Low As Percentage Of New Activations
    Apple’s share of new smartphone activations just hit a six-year low as a percentage of new sales in the U.S., according to research firm ...
    04/25/2024 - 5:49 am | View Link
  • Apple’s iPhone sales in China plunge 19%, as Huawei grows smartphone sales by nearly 70%
    Apple, which topped smartphone sales in China in the fourth quarter last year, ranked third in the first quarter, trailing Vivo and Honor Huawei, in fourth place, is poised to regain the No 1 position ...
    04/23/2024 - 7:30 pm | View Link
  • Apple’s iPhone sales in China plummet nearly 20% in first quarter — worst since 2020
    Apple, once the dominant player in the smartphone market, is now the third most popular brand on the mainland.
    04/23/2024 - 9:51 am | View Link
  • Apple's China iPhone Sales Plunge 19% in First Quarter as Huawei Catches Up
    Apple’s sales of iPhones in China, its biggest overseas market, fell by 19% year-over-year during the March quarter.
    04/23/2024 - 2:24 am | View Link
  • More

 

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