Chinese iPhone shipments rebounded in June

From Brian Swint’s “Apple’s iPhone Output Said to Have Soared in China.” ($) posted Tuesday in Barron’s:

Apple increased iPhone shipments out of China last month at a considerably faster pace than overall smartphones, UBS said.

Shipments for the broader market climbed 16% in May from April, whereas iPhone shipments jumped 155% as Covid lockdowns ended and supply-chain problems eased, analysts led by David Vogt wrote in a note dated June 20. That shows that Apple is increasing its market share of production at the expense of local Chinese brands…

UBS kept its estimate of iPhone shipments for the June quarter at 42 million, though the most recent data “increases our confidence that our June forecast could be conservative,” UBS said.

My take: Shipments sank 9% in May, so this is good news.

2 Comments

  1. Robert Paul Leitao said:
    This is welcome news ahead of the close of Apple’s June quarter on Saturday. From the reports I’ve read, iPhone demand remains comparatively strong (and competitively strong) as we move into the summer months. My concern is the pace of Mac production in the context of high demand for Apple silicon-based laptops and desktops. Shipment dates on custom configurations extend out into August and early September on just about every model.

    4
    June 21, 2022
  2. Fred Stein said:
    Here’s a little song for you, “Don’t worry buy Apple”

    Check out Bobby McFerrin with Robin Williams and some other comic on YouTube.

    2
    June 21, 2022

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