Apple Beats Revenue Target Despite FX Headwinds, Supply Constraints

Apple’s September quarter revenue for its 2022 financial year rose 8.1% YoY to a record high of $90.1 billion, easily beating Wall Street estimates. The results showcased the company’s resilience amid the difficult macro environment and foreign-currency headwinds. The company posted strong top-line growth across all product segments except for the iPad. Currency fluctuations remained a key…

Highest Attach Rate Ever: Apple Watch Attach Rate reached 30% in North America in H1 2022

In H1 2022, Apple Watch’s attach rate reached 30%, the highest for any half year since launch. The watch has evolved in consumers’ eyes from a cool accessory to a useful tool focused on health. Apple Watch is likely to be a key growth driver for Apple as the iPhone market saturates. Apple Watch offers an annual revenue opportunity of as high as $70 billion. Apple Watch attach rate…

Apple Refurbished ASPs Witnessing a Shift in US Due to 5G

Even as older iPhone models lose value, Apple continues to be the leader in refurbished smartphones globally and in the US. The ASPs of iPhones in the refurbished market are going through a transition as 4G LTE devices lose more value. Increase in 5G usage has a big part to play here. With the iPhone 14 series launch, the prices for much older models like the 8, 11 and XR series have gone…

iPhone 14 Pro, Pro Max Lead US Sales in Latest Apple Launch Day

Apple announced the new iPhone 14 series on September 9, five days before last year’s iPhone 13 announcement. Apple and carrier stores across the country opened their doors at 8 am on September 16 for the official launch of the iPhone 14 and iPhone 14 Pro and Pro Max. Here are the seven key takeaways from the launch: Inventory is much improved over last year’s launch which was affected by…

Apple adds to growing industry sustainability drive

Over the last few months, various OEMs have been busy touting their sustainability credentials. At the launch of its latest foldable smartphones in early August, Samsung emphasised its ‘Galaxy for the Planet’ initiative, a sustainability platform which establishes a set of targets to be reached by 2025 to reduce Samsung’s environmental footprint and lessen resource depletion from production to…

Philippines Smartphone Shipments Decline 3% YoY in Q2 2022; Apple Fastest Growing Brand

The Philippines’ Q2 2022 smartphone shipments declined 3% YoY to 4.7 million units. Apple, Infinix and TECNO were major YoY gainers in terms of shipments. Chinese players except Xiaomi and realme saw a decline in their smartphone shipments. 5G smartphone share in shipments increased from 7% in Q2 2021 to 34% in Q2 2022. Online shipments increased 15% YoY with Lazada leading with a…

Apple’s new iPhone 14 & Watch focus on pro features, improved connectivity & safety

The iPhone 14 series is official and there’s a lot to talk about the new smartphones that Apple announced at its “Far Out” event. But wait, Apple also announced the next-gen AirPods Pro TWS earbuds, and three Apple Watch models, including a rugged “Ultra” model for explorers, adventure enthusiasts, and ultra-athletes. Below is our quick analysis of everything Apple announced. Apple iPhone 14,…

Apple iPhone Market Share: 2007 to 2021

Apple iPhone Shipments: Annual Apple iPhone shipments (M units) Year 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 Shipments 3.7 13.1 24.9 47.5 93 135.8 153.4 192.6 231.5 215.2 215.83 206.26 195.6 201.1 237.9 Apple iPhone Market Share: Annual Apple iPhone market share Year 2007 2008 2009 2010…

Vietnam’s Apple Shipments More Than Doubled in Q2 2022

Vietnam’s Q2 2022 smartphone shipments declined 1% YoY to 3.2 million units. Premium smartphones’ (>$400) shipments saw a growth of 75% YoY. Among the top OEMs, Apple’s shipments increased 115% YoY. Most major Chinese brands saw a decline in their shipments. Offline channels picked up with brands opening more retail stores. Jakarta, London, Boston, Toronto, New Delhi, Beijing,…

Apple and Meta headsets could face a big challenge: Sticker shock

Most important is the high-resolution screen that needs to be much denser than a smartphone display because it’s so close to the user’s eyes. Smartphone screens average about 550 pixels per inch, but mixed reality devices require displays with about 3,500 PPI, according to CounterPoint Research...Read More

Apple Posts Revenue Growth Despite ‘Cocktail of Headwinds’

Apple reported a record June quarter with “better than expected” revenue, up 2% YoY at $83 billion. Supply chain constraints, foreign exchange (FX) headwinds and Russia-Ukraine conflict spillover effect remained the key growth challenges with Apple describing them as a “cocktail of headwinds”. The company posted record revenues in the Americas, Europe and Rest of Asia-Pacific driven by strong…

Sony WF-1000XM4 vs Apple AirPods Pro: Battle of the Best True Wireless Earbuds

There is no shortage of truly wireless earbuds in the market, and you can easily get a good-sounding pair for under $100. However, it is the sound quality, battery life, and features like active noise cancellation (ANC), wireless charging, and more, that differentiate premium true wireless stereo (TWS) earbuds from their affordable counterparts. The Sony WF-100XM4 (review) and Apple AirPods Pro…

Thriving Apple Watch & Apple Health Ecosystem Advancing Digital Intelligent Healthcare

The smartwatch market is enjoying its fastest growth phase at the moment and with only one in ten smartphone users globally sporting a smartwatch , the category is up for grabs. The current landscape is dominated by Apple with Apple Watch and Apple Health, which has pioneered the category.  The focus on design, style and capabilities has made Watch an ultimate device on your body to advance…