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.
The global smartphone market is expected to decline, but IDC predicts that Apple's iPhone market share will reach an all-time high due to trade-in deals, buy-now-pay-later schemes, and enticing features in their upcoming iPhone 15 Pro Max.
Apple is facing significant production issues with the camera sensors and titanium chassis for the iPhone 15 models, which may impact availability, according to analyst Ming-Chi Kuo. Additionally, the iPhone 15 Pro Max is experiencing delays in manufacturing, potentially causing problems for early upgraders.
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 stock is experiencing a decline leading up to the release of the iPhone 15.
Apple's upcoming "Wonderlust" event is expected to introduce the iPhone 15 and iPhone 15 Pro models with features including a titanium chassis, reduced bezels, improved battery life, increased memory, customizable Action button, enhanced cameras, and a new ultra-wideband chip.
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 iPhone 15, set to be unveiled on September 12, may come with an Android-like charging port and improved camera zoom, potentially increasing its cost, according to analysts, with pricing for iPhone 15 models potentially being around $100 higher than previous models.
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.
Apple is set to unveil the iPhone 15, but there are concerns about potential price hikes for the Pro-level models, while new features may include a shift to USB-C, camera upgrades, color differentiation, and a refresh to the Apple Watch lineup.
Apple unveils the iPhone 15 featuring a brighter display, 48-megapixel camera, 100% recycled cobalt battery, and satellite connectivity for roadside assistance, amidst a global smartphone slump and challenges with sales in China.
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.
Summary: Apple announced the iPhone 15 and iPhone 15 Pro at its annual launch event, with the Pro model keeping the same price as last year's version, while the Nasdaq Composite suffered its first losing day in three, largely driven by a 13.5% drop in Oracle's shares.
Apple's highly anticipated iPhone 15 launch disappoints investors and Wall Street.
Apple unveiled the iPhone 15 with multiple minor changes that collectively represent a positive step forward, including high-end camera and processor upgrades, a new telephoto-style lens with 5x optical zoom, the transition to USB-C, enhanced connectivity and Wi-Fi capabilities, and the addition of Roadside Assistance to its satellite-based SOS services.
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.
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.
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's iPhone 15 Pro line aims to expand its presence in the gaming industry by offering console-quality games, targeting the massive mobile gaming market in countries like China, where Apple's competitors dominate.
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.