Apple is expected to announce tomorrow that it sold more iPhones in China than the U.S. for the first time last year, reports the Financial Times.
Analysts estimate that the US tech group reached the turning point in iPhone sales after expanding its presence in China last year via a deal with China Mobile, the country’s largest network operator, and after the release of the latest iPhone 6 in the country in October.
UBS analysts estimate that China accounted for 36% of iPhone shipments last quarter compared to 24% for the United States. During the same time last year 29% of iPhone shipments went to the U.S. compared to 22% for China.
“It’s already been a good year, building up to the climax of this quarter,” said Ben Bajarin, analyst at Creative Strategies. “It leads to a lot more optimism for China . . . Their potential headroom in China is higher than it is here [in the US].”
The report corroborates one from Counterpoint Research which found that Apple share of smartphone sales in Asian markets has soared since the company released the iPhone 6 and iPhone 6 Plus. Much of the company's gains have come at Samsung's expense.
We'll have more details when Apple announces its earnings tomorrow. Please follow iClarified on Twitter, Facebook, or RSS for updates.
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Analysts estimate that the US tech group reached the turning point in iPhone sales after expanding its presence in China last year via a deal with China Mobile, the country’s largest network operator, and after the release of the latest iPhone 6 in the country in October.
UBS analysts estimate that China accounted for 36% of iPhone shipments last quarter compared to 24% for the United States. During the same time last year 29% of iPhone shipments went to the U.S. compared to 22% for China.
“It’s already been a good year, building up to the climax of this quarter,” said Ben Bajarin, analyst at Creative Strategies. “It leads to a lot more optimism for China . . . Their potential headroom in China is higher than it is here [in the US].”
The report corroborates one from Counterpoint Research which found that Apple share of smartphone sales in Asian markets has soared since the company released the iPhone 6 and iPhone 6 Plus. Much of the company's gains have come at Samsung's expense.
We'll have more details when Apple announces its earnings tomorrow. Please follow iClarified on Twitter, Facebook, or RSS for updates.
Read More