Apple iPhone 18 Pro sales rise 3% over 17 series in first three weeks
by@Reuters
Summary
Global sales of Apple's iPhone 18 Pro series in the initial three weeks after its launch surpassed those of the iPhone 17 Pro series by 3.1%, as reported by Counterpoint Research. The strong sales were particularly notable in China, where demand surged 29% compared to the previous year, driven by robust early stock and increased prices of rival Android smartphones. However, performance in other markets, such as the United States and Japan, was less impressive, with sales declining by 4% and 27% respectively, attributed to higher prices relative to their predecessors and minimal enhancements in features.
Tokens
$AAPL
Analysis
Apple: Apple Inc. is a major technology company that designs, manufactures, and markets consumer electronics including smartphones, with the iPhone serving as its primary product line. The company released the iPhone 18 Pro series, which achieved stronger initial global sales than the prior year's model according to the latest market data. Counterpoint Research: Counterpoint Research is a technology market intelligence firm that specializes in tracking smartphone sales, shipments, and industry trends across global markets. The firm analyzed and reported the early sales performance of Apple's latest iPhone models in multiple regions. Market Dynamics: Demand for Apple's new flagship iPhones in China benefited from greater initial product availability and higher pricing on competing Android devices from local manufacturers. Regional Trends: Sales of the latest iPhone Pro models showed notable variation across markets, performing more strongly in certain emerging regions while facing headwinds in established ones like the United States and Japan.
Categories
tech