It turns out Apple isn’t the only smartphone maker that’s suffering from falling sales in China. Samsung, one of the iPhone’s biggest rivals, is also expected to follow Apple in confirming lower than anticipated revenue for the fourth quarter of 2018.
The South Korean company’s warning, which will reportedly come on Tuesday, will reveal a 12 percent fall in year-on-year operating profit for the three-month period. Revenue is also expected to drop 5 percent.
Apple enjoyed an incredible start to 2018 thanks to a record-breaking holiday quarter, but according to one analyst, this year’s will be even better.
Thanks to an impressive new iPhone lineup and the best Apple Watch yet, revenue could reach insane new heights as we see out 2018. iPhone sales alone are predicted to surpass a staggering 81 million units!
iPhone XS and iPhone XS Max sales have started off so strongly that they’ve helped Apple’s average selling price reach record heights, new data suggests.
The latest flagships accounted for 16 percent of all Apple handsets sold in the U.S. last quarter, despite being on sale for just ten days of it. Last year’s iPhone X continues to sell well despite being outdated now, while iPhone 8 and 8 Plus were the most popular options.
Google could miss out on a $50 million payday this year alone as a result of Epic Games’ decision not to distribute Fortnite for Android through the Play Store.
Android users must download the game directly from Epic‘s own website instead. This allows the company to sidestep Google’s 30 percent cut of all revenue.
iPhone X remained the best-selling handset in Europe throughout the first quarter of 2018, despite a substantial drop in overall shipments as a result of “smartphone fatigue.” Apple reportedly shipped more than 10 million devices during the three-month period.
The iPad remains the king of tablets after strong sales helped the device grab its highest share of the worldwide tablet market since 2014.
Apple confirmed on Tuesday that it sold 9.1 million iPads last quarter, which helped its market share grow 2.1 percent despite a drop in overall tablet shipments.
Apple shares fell 3 percent this morning after iPhone chipmaker Taiwan Semiconductor Manufacturing (TSMC) cut its revenue forecast for the second quarter of 2018.
The company and industry analysts point to weak demand for high-end smartphones as the main reason for the poor guidance. This likely has something to do with the fact that iPhone X sales have been in the gutter since early hype quickly died out late last year.
Apple has been forced to cut HomePod orders as inventories continue to build up in its retail stores, according to a new report.
The $349 speaker enjoyed a promising start when it made its debut in February, but demand has fallen quickly as smart speaker shoppers turn to more affordable options from the likes of Amazon.
iPhone X looked set to become the beginning of a worrying smartphone trend when it went on sale last November, sporting a hefty $1,000 price tag. We were sure future flagships would be similarly expensive. But consumers just aren’t having it.
With iPhone X demand showing no signs of improvement in 2018, analysts are warning that the market “may not tolerate” rising smartphone prices.
Apple’s upcoming 6.1-inch iPhone will be a smash hit, according to one reliable analyst.
It is expected to become the most popular model in the 2018 lineup, thanks mostly to its more affordable price tag. Sales could total a whopping 100 million units over its lifetime.
