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telangana.tuday.in   3:29 AM

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Launch delay for the New smartphone

Launch delay for the New smartphone

test1 telangana.tuday.in   10:00 AM

During a conference call with analysts on Monday to discuss last quarter's earnings, Apple CEO Tim Cook addressed the issue with China. In explaining the sales factor, Cook noted the launch delay for the new smartphones in China. But he also attributed the sales disparity to another factor -- namely inventory -- and said that in one respect iPhone sales actually rose in China.
Last year, Apple significantly bumped up its channel inventory in China but this year scaled back.

"And so you have a compounded effect of no launch and a huge change in channel inventory in a year-over-year basis," Cook said on the call. "And to share with you what it was in greater China, iPhone unit sell-through despite no launch in Q4 was up 32 percent year over year. The market was projected by IDC to only grow 13 percent. So we feel incredibly great about that."

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China iPhone unit sell

China iPhone unit sell

test2 telangana.tuday.in   9:59 AM

Last year, Apple significantly bumped up its channel inventory in China but this year scaled back.

"And so you have a compounded effect of no launch and a huge change in channel inventory in a year-over-year basis," Cook said on the call. "And to share with you what it was in greater China, iPhone unit sell-through despite no launch in Q4 was up 32 percent year over year. The market was projected by IDC to only grow 13 percent. So we feel incredibly great about that."

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Before retailers

Before retailers

test1 telangana.tuday.in   9:58 AM

The problem stemmed from a delay in regulatory approval for the new iPhones by the Chinese government. The country's Ministry of Industry and Information Technology had to approve the new iPhones for network access before retailers could start selling them. That approval stalled and didn't come through until late September.

During a conference call with analysts on Monday to discuss last quarter's earnings, Apple CEO Tim Cook addressed the issue with China. In explaining the sales factor, Cook noted the launch delay for the new smartphones in China. But he also attributed the sales disparity to another factor -- namely inventory -- and said that in one respect iPhone sales actually rose in China.

Read More