AI not only driver for Apple, services seen skyrocketing: Loop Capital
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Global smartphone market: Android continues to lead recovery
July 30, 2024 12:09 PM EDTThe global smartphone market saw positive momentum in June 2024, with Android devices at the forefront of the recovery, according to UBS analysts.
The bank told investors in a note that total sell-through for smartphones in June reached 97.3 million units, marking a 6.2% year-over-year (YoY) increase and a 3.5% month-over-month (MoM) rise. This continues a trend of sequential YoY sell-through growth observed in April and May.
The U.S. market demonstrated significant improvement, says UBS, with sell-through... More
Apple's iPhone is 'ceding share in all markets except Europe': UBS
July 30, 2024 11:10 AM EDTUBS analysts said in a note to clients this week that in the June quarter, Apple's (NASDAQ: AAPL) iPhone is losing market share in nearly all regions except Europe.
According to the latest UBS note, iPhone units were down approximately 1% during the quarter, despite the global smartphone market growing by 6% year-over-year.
"iPhone sell-through was up just 1% to 15.6 million in the month of June, leading to a small ~50 basis... More
