Business
business

Warning signs for Apple’s iPhone sales in China

Apple’s iPhone sales in China continue to drop, according to a new report. CNBC reports that shipments to China of foreign smartphones fell by 47% year over year in November to 3.04 million units, continuing a downward slide over the previous four months. Apple is the leading manufacturer of foreign smartphones in China, so the drop in sales does not bode well for iPhone sales.

More Business

See all Business

Latest Stories

Sherwood Media, LLC produces fresh and unique perspectives on topical financial news and is a fully owned subsidiary of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate, including Robinhood Markets, Inc., Robinhood Financial LLC, Robinhood Securities, LLC, Robinhood Crypto, LLC, or Robinhood Money, LLC.