Apple iPhone shipments in China 'surged' in June, following COVID-lockdowns: report
Feline Lim


Apple (NASDAQ:AAPL) iPhone shipments likely soared in China in June after the country started to emerge from its COVID-related lockdowns, Bloomberg reported on Wednesday.
The news outlet, citing official data, shows that mobile phone shipments in the country rose 9.2% in June, thanks to Apple (AAPL) and Samsung (OTCPK:SSNLF). Conversely, Xiaomi, Oppo and vivo fell 0.5%, according to the data.

The data showed that Apple (AAPL) now has the fourth-largest market share, suggesting the majority of the demand was iPhone-related.
On Monday, research firm Canalys said Apple (AAPL) had 17% of the global smartphone market at the end of the second quarter, partially due to demand for the iPhone 13.
Apple (AAPL) is slated to report fiscal third-quarter results on July 28.
Investment firm Wedbush Securities recently said Apple (AAPL) is likely to meet fiscal third-quarter results, but investors will be paying attention to demand, especially with the iPhone 14 getting ready to launch in the fall.