2024年5月3日 星期五

Apple sees the biggest fall in nearly all countries



Reading comprehension questions for this article:

1. What were the main reasons behind Apple's decline in sales?
 
2. How does competition from local rivals like Huawei impact Apple's market position?

3. What is the analysts' expectation regarding the iPhone 16?

Apple sales have fallen in almost every market across the globe, according to the latest results from the tech giant.

The company said that demand for its smartphones dropped by more than 10% in the first three months of this year, while overall sales fell in every geographic region except for Europe.

Apple said that overall, revenues across the company declined by 4% to $90.8bn (£72.5bn), which was the biggest drop for more than a year.

Apple reported a decline in sales in nearly all global markets, with smartphone demand dropping by over 10% in the first quarter of the year.

Competition in that market has been intensifying from local rivals such Huawei.

Gil Luria, senior software analyst at DA Davidson, said companies such as Huawei do well in China because "it is the homegrown brand".

"But in terms of features, functionality and prestige, iPhone still has an advantage over any other handset," he told the BBC's Today programme.

"So any time consumers get the choice and have the resources they’re going to buy an iPhone – that’s not any different in China."

Globally, smartphone shipments rose 10% in the first three months of the year, expanding after a long lacklustre period, according to research firm Canalys.

Mr Luria said that for Apple, there hasn't been "significant improvements to the handset" since the iPhone 12 was launched almost four years ago "when Apple introduced 5G connectivity which compelled a lot of consumers to upgrade the phone".

He added: "What they’re hoping for now is that they can introduce enough new AI features into the iPhone 16 which will come out later this year in order to finally drive a big iPhone upgrade cycle.”

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