Good news for $Apple(AAPL.US) March quarter: China iPhone likely up 20% y/y vs expectations of up 15%.
This is based on today’s Counterpoint data that I believe is directionally accurate. They report while total smartphone shipments in China declined (4%), Apple's went up 20%. My take: this is based on iPhone 17 lineup having long legs. Longer than typical.Source: Gene Munster
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