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Apple Poised for Success as Chinese Consumers Increase Spending on Smartphones

This presents a promising outlook for Apple in a critical market for its high-end iPhones. New data reveals that Chinese consumers are increasing their spending on smartphones to unprecedented levels, presenting a promising outlook for Apple in a critical market for its high-end iPhones.

Lucas zhongInno floresTech timesGetty imagesAverage selling priceChinese consumersAverage spendingNew dataCritical marketMainland chinaSelling priceGrowing trendChinese smartphones

Apple could benefit in China from users spending more on smartphones

The average selling price of smartphones in China is on the rise even as the overall market declines. This is positive for sales of Apple's expensive iPhones.

Lucas zhongCanaly zhongInternational data corporationData corporationApple watch

Analysts believes Smartphone Sales will Pick Up again

Aggregated data from Canalys and IDC showed global smartphone shipments fell by an average of 13.8 per cent year-on-year in Q1, with both companies citing weakened demand but forecasting signs of recovery by the year-end. The average of shipment numbers issued separately by each research company stood at 269.2 million…

Runar bjorhovdeLucas zhongNabila popal

Global Smartphone Market To Gain Momentum Only In 2nd Half Of 2023: Report

Shipments will stabilise around the levels from 2022 as we move into the middle of 2023, according to market research firm Canalys.

Lucas zhongRunar bjorhovdeGlobal smartphone marketSmartphone market

Global smartphone market to gain momentum only in 2nd half of 2023

Global smartphone market to gain momentum only in 2nd half of 2023
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