Apple iPhone Sales in China Soar After 18 Months of Decline

Todd Singleton
October 31, 2017

Apple's declining streak in China has come to an end, as shipments grew 40% from 8 million in Q3 2016 to about 11 million this quarter. Ultimately, Apple believes China sales will return to growth.

The company has broken a run of sales decreases that stretches back six quarters thanks to promising early signs for the newly released iPhone 8, according to a new report from Canalys. The iPhone 8 accounted for a higher proportion of sales this year than the iPhone 7 series did in the same quarter last year.

This milestone is achieved by developing appropriate marketing strategies for iPhone 7 and iPhone 8, while iPhone X has to play its part yet.

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"Apple is unlikely to sustain this growth in Q4", Canalys' Mo Jia said in a statement.

On Thursday Apple will report their Fiscal Q4 2017 Financials and will hold their conference call at 2:00 p.m. PT / 5:00 p.m. ET. Apple's offers by and by expanded as of late to over 3%, which influences the market to top of the organization $842 billion. "While the iPhone X launches this week, its pricing structure and supply are inhibiting". The iPhone X will debut next month and China seems to be excited about the same, cranking out the pre-orders minutes after it went live.

The report claims that Suning.com cut the iPhone 8's price by up to 1,100 yuan ($165.50), while another site, JD.com, is offering reductions of up to 800 yuan ($120.34) off the most expensive version of the smartphone. "The iPhone X will enjoy a healthy grey market status, but its popularity is unlikely to help Apple in the short term", Jia predicted. According to the analyst firm, Xiaomi is close to making its way into the top three as it is expected to perform well during China's major online shopping day - 11/11 - and offline retail. Additionally, some buyers have even been asked to wait for several weeks, hinting the strong demand that the phone has witnessed, notes the Telegraph.

Other reports by Free-Prsite

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