financetom
Technology
financetom
/
Technology
/
China smartphone sales drop 9% y/y over Singles' Day shopping festival
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
China smartphone sales drop 9% y/y over Singles' Day shopping festival
Nov 20, 2024 7:15 PM

BEIJING, Nov 20 (Reuters) - Total smartphone sales in

China dropped by 9% during this year's Singles' Day shopping

festival compared to last year, with both HONOR and Apple ( AAPL )

experiencing double-digit declines, Counterpoint Research said

on Wednesday.

Huawei saw a 7% year-on-year increase in sales, driven by

price reductions on its Pura 70 series and Mate 60 series and

the launch of its Nova 13 series featuring the 5G Kirin SoC.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Where Penguin Solutions Stands With Analysts
Where Penguin Solutions Stands With Analysts
Jan 9, 2025
In the preceding three months, 8 analysts have released ratings for Penguin Solutions ( PENG ) , presenting a wide array of perspectives from bullish to bearish. Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 6...
Nancy Pelosi's Stock Pick Palo Alto Networks Gets A Downgrade From Top Investment Bank As Sector-Wide Consolidation Down-Cycle Weighs on Sentiment
Nancy Pelosi's Stock Pick Palo Alto Networks Gets A Downgrade From Top Investment Bank As Sector-Wide Consolidation Down-Cycle Weighs on Sentiment
Jan 9, 2025
Palo Alto Networks Inc. ( PANW ) was downgraded to ‘hold’ by Deutsche Bank because the cybersecurity stock owned by Nancy Pelosi could be affected by a sector-wide “consolidation down-cycle”. This follows Pelosi’s February 2024 purchase of nearly $1.25 million in call options of PAWN, which expire on Jan. 17. What Happened: In its 2025 Software Outlook, Deutsche Bank predicts...
Inquiry Into Microsoft's Competitor Dynamics In Software Industry
Inquiry Into Microsoft's Competitor Dynamics In Software Industry
Jan 9, 2025
In the fast-paced and cutthroat world of business, conducting thorough company analysis is essential for investors and industry experts. In this article, we will undertake a comprehensive industry comparison, evaluating Microsoft ( MSFT ) in comparison to its major competitors within the Software industry. By analyzing crucial financial metrics, market position, and growth potential, our objective is to provide valuable...
Comparing NVIDIA With Industry Competitors In Semiconductors & Semiconductor Equipment Industry
Comparing NVIDIA With Industry Competitors In Semiconductors & Semiconductor Equipment Industry
Jan 9, 2025
In today's fast-paced and competitive business landscape, it is essential for investors and industry enthusiasts to thoroughly analyze companies before making investment decisions. In this article, we will conduct a comprehensive industry comparison, evaluating NVIDIA ( NVDA ) against its key competitors in the Semiconductors & Semiconductor Equipment industry. By examining key financial metrics, market position, and growth prospects, we...
Copyright 2023-2026 - www.financetom.com All Rights Reserved