Growth of 44% in May! iPhone sales in China show signs of recovery: As long as the price is in place, should Chinese people buy it or not?

June 29 news, according to foreign media reports, JPMorgan Chase’s latest research shows that iPhone sales in China are continuing to grow, partly because the Chinese smartphone market is recovering. JPMorgan Chase reported that iPhone sales increased by 44% compared with April 2024, citing official May data released by the China Academy of Information and Communications Technology (CAICT). In addition, the above data also increased by 40% compared with May 2023.

1. Apple’s sales fell 8% year-over-year in May.

2. And in January 2024, Apple’s sales dropped by 38% year-on-year.
3. The report states that based on actual demand surveys, iPhone is not without advantages compared with domestic mobile phones in the Chinese market. As long as the price is in place and Apple’s brand effect still exists, Chinese users will still give priority to iPhone.
4. Therefore, although Apple still faces challenges in the Chinese market as a whole, it is currently showing a recovery trend.
5. Currently, all analysts expect the iPhone 16 to be driven by Apple Intelligence.

   

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