Apple's iPhone sales in China have surpassed those in the United States for the first time, contributing to Apple potentially becoming the biggest player in the smartphone market this year, despite global smartphone shipments being on track to be the worst in a decade due to economic headwinds in China and the US, according to Counterpoint Research.
Apple plans to release the iPhone 15 in India simultaneously with its global launch in mid-September, signaling the company's progress in diversifying its supply chain away from China.
The iPhone 15 and iPhone 15 Pro are expected to be announced on September 12, with pre-orders starting on September 15 and the release date set for September 22, 2023.
The iPhone 15 Pro and iPhone 15 Pro Max are expected to have a $100 price increase over the current models, according to analyst Dan Ives, but promotional activities and discounts from U.S. carriers are likely to drive sales and offset potential resistance.
Apple's iPhone 15 launch may face delays due to production issues, resulting in lower stock availability, while the iPhone 15 Pro Max is expected to be delayed by up to a month; leaked price details suggest a significant mark-up on the iPhone 15 Pro and Pro Max; Apple is rumored to be preparing a cheaper MacBook to rival the Chromebook, but it risks diluting its brand; the European Union has designated the App Store, Safari browser, and iOS as "gatekeepers" and plans to introduce regulations to prevent anti-competitive behavior; Apple's stock has fallen following restrictions on Chinese officials' use of iPhones.
The launch of the latest iPhones by Apple aims to boost consumers and investors amidst falling share prices caused by deteriorating international relations, with tensions between Beijing and Washington threatening sales in China, one of Apple's biggest markets.
Chinese government restrictions on the use of iPhones at work have caused Apple's stock to decline, but investors see this as a buying opportunity due to China's previous restrictions on foreign products and Apple's strong prospects, attractive valuation, and upcoming product releases.
Apple is set to release the iPhone 15 with incremental improvements including a lighter design, better chip, battery life, camera, and a USB-C charging cable, but the smartphone market is slowing down as people hold on to their devices longer and there is less incentive to upgrade.
When trading up to the new iPhone 15 series, it is important to prioritize price, privacy, and security, and consider options other than the Apple Store for the best trade-in deals.
J.P. Morgan predicts that Apple's iPhone 15 could experience a sales decline due to the launch of Huawei's 5G Mate 60 Pro smartphone.
Apple's highly anticipated iPhone 15 launch disappoints investors and Wall Street.
Apple has reduced the prices of its iPhone 14 series in China after the release of the iPhone 15 lineup.
Apple has launched its iPhone 15 lineup, which includes the high-end iPhone 15 Pro and Pro Max models, but rival phones from Samsung, Google, and OnePlus offer similar or better specifications.
Various carriers, including AT&T, Verizon, T-Mobile, and Visible, are offering discounts and deals on the iPhone 15 and iPhone 15 Pro models, such as trade-in options and bill credits, ahead of the pre-order day on Friday.
If you can exercise some patience, consider deferring your iPhone 15 purchase to next year, as a better color option may be released and day-one purchasers may encounter issues, while other flagship phones from Google and Samsung may offer more beneficial features for your lifestyle.
The new iPhone 15 models, featuring aesthetic and technological changes including new materials, camera and computing upgrades, and new colors, are available for pre-order, with prices starting at $799 for the base model, and will be released on September 22.
Pre-orders for the iPhone 15 models will begin on September 15th at 5:00 a.m. PDT, with availability in multiple countries, and customers in the US can pre-order and prepare for the launch through a setup process.
The shipping dates for some models of the iPhone 15 series have been pushed back until November, with the iPhone 15 Pro and iPhone 15 Pro Max being the most affected, while the non-Pro models are still on schedule to be shipped on September 22nd.
Apple's latest iPhone, the iPhone 15 Pro, has shown better-than-expected lead times and pre-orders, dispelling investor concerns and suggesting strong early demand despite previous worries about a possible ban in China.
Summary: Analysts say that the higher-end models of Apple's iPhone 15 are experiencing strong demand, which is encouraging amid concerns about consumers' spending capacity.
UBS analyst David Vogt's data suggests that initial demand for Apple's iPhone 15 Pro models is softer compared to last year's models, contradicting reports of strong sales, which caused Apple stock to fall.
Apple is expected to increase its share of India's smartphone sales with the release of its high-end iPhone 15 Pro and Pro Max models, projecting to account for 7% of all smartphone sales in the country from July to December, according to market researcher Counterpoint.
The iPhone 15 lineup, featuring design changes and a switch to USB-C charging, has been met with strong pre-orders and long lines at stores around the world, suggesting that many people are eager to upgrade their devices.
Apple is expected to achieve year-over-year growth in Q4 thanks to better than expected iPhone revenue and profit, with the iPhone 15 Pro Max and iPhone 15 Plus performing well, while the standard iPhone 15 and iPhone 15 Pro may face order cuts if their prices are not reduced, according to Ming-Chi Kuo's analysis based on supply chain sources.
The launch of Apple's iPhone 15, marked by sold-out pre-orders and long queues, comes after the company reported a decline in sales for the third consecutive quarter.
Apple's iPhone 15 release provides insights into the global economy, with investors monitoring sales impact on the stock.
The iPhone 15 series will be launched in over 20 additional countries and territories on September 29, and all models will be available for ordering on the first day.
Apple's iPhone 15 is facing sales challenges in China, with a 4.5% decline compared to the iPhone 14, as competition from companies like Huawei impacts iPhone sales and market dominance.
Apple has launched its online store in Chile, allowing customers to shop its full range of products and services, including the upcoming iPhone 15 lineup, with support from Apple Specialists and personalized options such as engraving and financing.
Demand for Apple's iPhone 15 in China is weaker compared to last year's models, with sales down 4.5% due to competition from Huawei's new Mate 60 smartphone line and a floundering Chinese economy.
