Report: Apple’s iPhone Shipments in China Reach 2.5 Million Units in March
In March 2020, technology giant Apple (NASDAQ: AAPL) shipped about 2.5 million iPhones in China, according to one Reuters report. This is more than a five-fold increase in iPhone shipments compared to the 494,000 units in February this year. Total mobile shipments in China stood at 21 million units, which indicates Apple's share stood at 11.9%.
While several of China's provinces were under lockdown in February, most restrictions have been removed with the number of COVID-19 cases are on the decline. Smartphone manufacturers like Apple will hope that the uptick in mobile sales will help offset some of the declines in Europe and North America.
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Source Fool.com
