iphone sales

Foxconn hiring spree allays some iPhone fears

A recent unconfirmed report indicated that Foxconn, who produces handsets for Apple, had laid off thousands of employees. But the company itself says it’s actually hiring 50,000 people, a sign that

Apple plans to reduce hiring amid iPhone sales slump

Slumping iPhone sales have caused Apple to rethink its hiring strategies for certain division. During an employee meeting earlier this month, Tim Cook was asked if the company is about to go on a

Weak Chinese economy is dragging down iPhone, Fed says

Sales of iPhones seem to be weaker than in previous years, and the Chairman of the Federal Reserve has an explanation: a drop in consumer spending in China. The implication is that the slowdown in

iPhone XR already outsells iPhone XS, will soon pass XS Max

The iPhone XR is Apple’s newest handset but more of its units are already in use than the iPhone XS which launched two months earlier. And the XR is on course to pass the XS Max in the near future.
Here’s What Analysts Are Saying About Apple’s Slowing iPhone Sales

Here’s What Analysts Are Saying About Apple’s Slowing iPhone Sales

CEO Tim Cook has pointed to weakness in China as a major culprit.
Here’s What Analysts Are Saying About Apple’s Slowing iPhone Sales

Here’s What Analysts Are Saying About Apple’s Slowing iPhone Sales

CEO Tim Cook has pointed to weakness in China as a major culprit.

Apple warns investors that iPhone sales are weak

Apple CEO Tim Cook warned investors today that weak iPhone sales could translate into revenue shortfalls in the billions of dollars. Cook blames the expected revenue drop on fewer-than-expected iPhone

iPhone XR is Apple’s biggest lure for Android lovers

The iPhone XR got off to a fairly strong start. In November, this just-launched model made up 30 percent of Apple’s U.S. sales, slightly higher than the iPhone X in Nov. 2017. But the standout aspect

China Seeks to Ban iPhones in Surprising Court Ruling—But It’s No Big Deal to Apple

Qualcomm and the Chinese government have found a common enemy: Apple.

Sorry, iPhone: U.S. consumers just aren’t that into you

2019 isn’t shaping up to be an good year for Apple. A survey of potential customers in the U.S. and in China found lower interest in iPhone than last year. Market-analysis firm UBS found that 18

iPhone falls ‘flat’ as Chinese smartphones dominate sales

The iPhone turned in a “flat” third quarter while Chinese brands Huawei and Xiaomi droves sales in their home country to grow their shares of the global smartphone market. The smartphone market grew

iPhone XR isn’t a dud. It’s Apple’s best-selling model.

In a change for Apple, its best-selling model isn’t its most expensive. A company VP says the iPhone XR has outsold the iPhone XS series since the cheaper device came out last month. Perhaps this will
Apple restarts iPhone X production following weak iPhone XS and XS Max sales, report says

Apple restarts iPhone X production following weak iPhone XS and XS Max sales, report says

We didn't see this coming! Apple is restarting production of the iPhone X due to weak sales of the iPhone XS and XS Max, according to a Wall Street Journal report. Both the iPhone XS and XS Max

Goldman Sachs worries that iPhone demand is ‘deteriorating’

Goldman Sachs has added its name to the list of financial institutions worried about stagnating iPhone sales. “We are concerned that end demand for new iPhone models is deteriorating,” Goldman Sachs

iPhone XR production could be slowing amidst weak demand

The three Asian companies that assemble the iPhone XR have reportedly reduced production. Apple is ordering fewer units because sales of this smartphone haven’t lived up to expectations. However, the

Apple posts record-breaking Q4 2018 earnings

Apple just posted its Q4 2018 earnings report and, per usual, it was another record-breaking quarter for the iPhone-maker. Revenue and iPhone sales came in slightly higher than Wall Street’s

Foxconn’s stellar September suggests strong iPhone XS sales

Foxconn is best known for assembling iPhones, so it’s watched as a sign of demand for Apple’s most important product. The Chinese company just reported its revenue increased 30 percent last month, an

Huge number of iPhone users ready to upgrade

Almost everyone who wants a smartphone already has one, so device makers depend on upgrades among current customers to make money. Fortunately for Apple, an analyst reports there’s a surge of interest

Today in Apple history: iPhone 6 sells record 10 million units at launch

September 22, 2014: Apple notches a new sales record with iPhone 6 and iPhone 6 Plus, selling a massive 10 million units in the first weekend the handsets go on sale. The eagerly anticipated phones
Apple has sold less than 1 million iPhones in India in 2018, claims report

Apple has sold less than 1 million iPhones in India in 2018, claims report

Apple is facing a major crisis in India. According to a new Bloomberg report, the iPhone maker lost three pivotal sales executives in India and is currently struggling to grow its business in one of