iPhone Shipments in The Chinese Market in January Surged by 150%
Analysts pointed out that Apple’s iPhone supply has caught up with demand, and demand for iPhone 12, iPhone shipments in the Chinese market in January surged by 150% compared to the same month last year.
Japan’s Apple intelligence website iPhone Mania reported on the 4th that Morgan Stanley analyst Katy Huberty pointed out that Apple’s iPhone supply has caught up with demand and has performed well in the Chinese market. It is estimated that the iPhone will be available in the Chinese market in January 2021. The shipment volume of iPhone 12 surged by 150% compared with the same month last year, mainly due to the strong demand for the iPhone 12 supporting 5G in China.
Huberty pointed out that the iPhone’s market share in the Chinese market continued to rise. It was 20.3% in January, second only to Huawei’s 32%, and the market share has increased for five consecutive months. Huberty predicts that this season (January-March 2021) iPhone demand in the Chinese market will continue to be strong in the previous quarter (October-December 2020).
Apple Insider, Barron`s, and Mac Rumors reported on March 1 that, generally speaking, Apple’s orders will jump at the beginning of the product cycle, and after the holiday shopping season at the end of the year, the temperature will gradually drop in the spring. However, Wedbush analysts Daniel Ives and Strecker Backe report that the decline in production activities this spring was smaller than in previous years.
The report pointedly pointed out, “As far as Apple is concerned, we have not seen such a strong new product sales trend for many years. Only the iPhone 6 in 2014 can compare with it.” Wedbush predicts that iPhone sales this year (2021) will have a chance to break through. 240 million, or even the staggering 250 million, is higher than the 220 million output generally predicted by Wall Street.
According to data released by IDC, last quarter (October-December 2020) Apple’s iPhone shipments in the Chinese market increased by 34.7% from the same period last year to 16.7 million units. The market share rose to 19.3%, second only to Huawei’s 25.1% ranked second.
IDC released a survey report on January 27, stating that, boosted by the success of Apple’s iPhone, the global smartphone market is recovering, with shipments in the previous quarter (October-December 2020) growing 4.3% from the same period last year to 385.9 million units. . Among them, Apple benefited from the hot sales of the iPhone 12 series. Last quarter, global shipments increased by 22.2% from the same period last year to 90.1 million units. Its market share rose from 19.9% in the same period last year to 23.4%, ranking first, and its market share Set a record high.
iPhone Shipments in The Chinese Market in January Surged by 150% - /10