With the demand declining at a steady pace, the analysts said that as the number of iPhone units shipped reduced at an alarming rate. It only indicates that the average selling price (ASP) of Apple’s handsets is increasing, creating a more challenging situation for the brand.
Apple is seeing a tough time, as the sales of its flagship smartphones have declined sales in a drastic manner. The decline in Apple isn’t just centered in one or two regions in the world but have absolutely plummeted the world over
The report suggests that Apple’s latest Form 10-Q had been filed with the Securities and Exchange Commission (SEC), states that the iPhone net sales have decreased since the second quarter and first six months of 2019 compared to the same periods in 2018.
Focusing on the regions where the iPhone sales have decreased, the brand has segmented the world into six regions such as Europe, Japan, Greater China, Rest of Asia and the Americas. With this latest bit of information, Apple has suffered in sales in all of the above-mentioned regions. In the second half of the last year, Apple had experienced slow growth with respect to their latest iPhones, but that was explained as the result of the weak demand in China.
IDC reports suggest that Apple had a crucial first quarter as the shipment dropped to approximately 36.4 million units representing a shocking 30.2% decline from the previous year. Thus Apple has long stopped declaring the shipment of the number of iPhone handsets, but the analysts suggest the shipping has down by around 30 percent.
The IDC analysts claim that 2019 won’t be a great year for Apple, as most competitors may come up with 5G phones and foldable devices. Despite the fact, Apple’s strong installed base along with its recent agreement with Qualcomm may turn around the 2020 sale for the Cupertino-based giant.