Apple's revised projection for 5G iPhone shipments likely reflects an improved China outlook:
iPhone prices to offset lower shipments, Apple instead cut the price of the iPhone 11 by $50 relative to the previous comparable model. that increased shipments can offset price reductions to some extent. After referring to the price reductions as "smart and well received," CFO Luca Maestri said in the company's Q4 earnings call Apple is willing to further experiment with this elasticity on a regional basis by further tailoring price points.
Apple's rosy projection for 5G iPhone demand is a positive indication for other 5G smartphone-makers, but it's important to note the role of Apple-specific factors. 5G smartphones look poised to gain market traction next year: Qualcomm projects 200 million 5G smartphones will be sold in 2020,
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Didi believes it can use in-car 5G to improve the rider experience - Business InsiderDidi believes with the advent of 5G, the company could provide customers with data-intensive content including TV shows or activities like karaoke.
Read more »
Why Apple products are so expensive - Business InsiderApple is able to charge a premium for its high-end products like the iPhone 11 Pro Max. This 'Apple Tax' brings in huge profits for Apple.
Read more »
Check the serial number before buying Apple products on Black Friday - Business InsiderSome retailers use Black Friday to get rid of older product models, so check the serial number to make sure you don't get duped.
Read more »
France will not exclude China's Huawei from 5G rollout: ministerFrance will not follow the United States and exclude China's Huawei from it...
Read more »
Ericsson to invest over $230 million in Brazil to build new 5G assembly lineSwedish telecoms equipment maker Ericsson plans to invest 1 billion reais ($238....
Read more »
French 5G auction gives telcos a measured thwackParis’s sale of spectrum for superfast networks will cost the likes of Altice and Orange over 2 bln euros. But all four telcos get a decent slice of bandwidth, and will pay less than in Germany or Italy. With the sector bruised by price wars, too much greed would have backfired.
Read more »