iPhone 16 series brings good news for Apple in China, here’s how

Apple’s latest iPhone series, iPhone 16, has good news for Apple in China. Bloomberg reports strong sales for Apple’s newest iPhone in China, quoting research firm Counterpoint. Compared to the 2023 model, sales are up 20% in the first three weeks, according to Counterpoint Research data. This is a positive sign for Apple, after facing challenges in the crucial Chinese market last year.
Though the smartphone market is stagnant, the iPhone remains Apple’s most crucial product, generating roughly half of its sales.