• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

iPhone Sales Decline Due to Weak Demand for Apple Intelligence

user avatar

by Giorgi Kostiuk

a year ago

Despite global smartphone market growth, Apple experienced a 5% decline in iPhone sales last quarter, driven by weak demand for Apple Intelligence.

Decline in iPhone Market Share

In the last quarter, iPhone's market share fell by 1% to 18% in 2024. Chinese competitors, including Xiaomi and Vivo, gained market share at the expense of Apple and Samsung. According to IDC, Apple shipped 4.1% fewer smartphones, while the overall market grew by 2.4%.

Chinese Market and Apple Intelligence

Apple Intelligence is not yet available in China, making it less attractive to local buyers. The company is seeking partners to implement AI features in China, Apple's biggest market outside the US and Europe. Sales of high-end models like Pro and Pro Max are increasing, despite overall challenges.

Competition from Chinese Manufacturers

Chinese smartphone makers are developing their own AI tools, posing additional challenges for Apple in this segment. IDC's Francisco Jeronimo noted that Chinese companies reached record shipment volumes, capturing 56% of the global smartphone market.

This past quarter was particularly remarkable for the largest Chinese smartphone vendors. They achieved a historic milestone as they shipped the highest combined volume ever in a quarter, representing 56% of the global smartphone shipments.Francisco Jeronimo

The decline in iPhone sales is attributed to the limited rollout of Apple Intelligence and growing competition from Chinese brands. To maintain its position in China, Apple must tailor its offerings to meet local market needs.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

New Editorial Guidelines Target Enhanced Standards.

chest

A new editorial policy has been established by the editorial team at Farside, focusing on accuracy, relevance, and impartiality to enhance the quality of content.

user avatarEmily Carter

Cardano Implements Strict Editorial Policy for Development Updates

chest

The Cardano development team has announced a new strict editorial policy that emphasizes accuracy, relevance, and impartiality in their updates.

user avatarTomas Novak

Federal Reserve Enforces Rigorous Editorial Guidelines.

chest

The Federal Reserve has introduced a new editorial policy that focuses on accuracy, relevance, and impartiality in its communications.

user avatarKaterina Papadopoulou

Memecores M Price Surges After Significant Crash

chest

Memecores M price has surged by 848% in daily charts and 934% in weekly charts after a 75% crash, raising questions about the legitimacy of the rally.

user avatarMaya Lundqvist

Solana dApps Generate $257 Million in Revenue in Q2 2026

chest

Solana dApps generated $257 million in revenue in Q2 2026, leading Layer 1 and Layer 2 networks.

user avatarLeo van der Veen

Surge in Solana's Meme Coin Activity Signals Speculative Heat

chest

Surge in Solana's daily token creation to an 80-day high indicates renewed speculative trading, driven by meme coin launch programs and increased activity on Raydium.

user avatarLi Weicheng

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.