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iPhone Shipments Crash 50% in China as Local Brands Dominate
Foreign-branded smartphone shipments in China, dominated by Apple's iPhone, dropped dramatically in March 2025, plunging 49.6% year-over-year...
Apple CEO Tim Cook acknowledged the challenges during his recent earnings call, noting that revenue from Greater China dropped 2% in the quarter ending March 2025. Apple is considering raising prices for its upcoming iPhone 17 models set to release this fall, according to people familiar with the matter cited by The Wall Street Journal. The company reportedly aims to pair the potential price hikes with new features and design changes to justify the increased cost to consumers, rather than attributing them to U.S. tariffs on goods from China.
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