213
Apple iPhone sales decline 10% in first three months of 2024
(www.gsmarena.com)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 03 May 2024
213 points (96.5% liked)
Technology
59259 readers
1539 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
Crazy, I would have expected this when the iPhone 14 came out because that one was such a niche upgrade compared to the 15.
The main reason sales fell this year compared to the year-ago quarter is because the quarter before that Apple wasn't able to keep up with iPhone 14 demand leading to shortages and depleted channel inventory. The following quarter they were able to meet demand and replenish the sales channel leading a boosted year-ago quarter that was $5 billion bigger than it really should have been. Apple didn't have the same production shortages for the 15 launch. It makes this quarter they just reported look like a big decline but that's not really the whole story.