In the note, obtained by Business Insider, UBS outlines why it believes the "worst of the bad news" for iPhone sales is over in China and more. Sylvania HomeKit Light StripAccording to UBS data, Apple is starting to clear inventory in China, while supply chain "tone" is also improving. "While March mix is still bad, the tone in the supply chain is staring to improve and price reductions in China may be starting to clear channel inventory," Arcuri says. Instead, Arcuri says interest in the iPhone 8 Plus and other older iPhones is "offsetting" a drop in more recent models. In a recent interview, Tim Cook said that only time will tell how that strategy works for Apple in China.
Analyst: The ‘worst’ is over for iPhone sales as price cuts help Apple in China
collected by :Clara William
In the note, obtained by Business Insider, UBS outlines why it believes the "worst of the bad news" for iPhone sales is over in China and more. Sylvania HomeKit Light StripAccording to UBS data, Apple is starting to clear inventory in China, while supply chain "tone" is also improving. "While March mix is still bad, the tone in the supply chain is staring to improve and price reductions in China may be starting to clear channel inventory," Arcuri says. Instead, Arcuri says interest in the iPhone 8 Plus and other older iPhones is "offsetting" a drop in more recent models. In a recent interview, Tim Cook said that only time will tell how that strategy works for Apple in China.
In the note, obtained by Business Insider, UBS outlines why it believes the "worst of the bad news" for iPhone sales is over in China and more. Sylvania HomeKit Light StripAccording to UBS data, Apple is starting to clear inventory in China, while supply chain "tone" is also improving. "While March mix is still bad, the tone in the supply chain is staring to improve and price reductions in China may be starting to clear channel inventory," Arcuri says. Instead, Arcuri says interest in the iPhone 8 Plus and other older iPhones is "offsetting" a drop in more recent models. In a recent interview, Tim Cook said that only time will tell how that strategy works for Apple in China.
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