shipments are expected to rebound three per cent this year as easing inflation aids a demand recovery in emerging markets and the integration of generative AI attracts buyers to premium devices, a report by Counterpoint Research said on Thursday.
Global shipments had declined more than four per cent last year, earlier data from the research firm showed, as consumers tightened their purse strings in an uncertain economy.The budget segment, expected to grow 11 per cent in 2024 after shrinking in 2023, will also see increasing demand in the Caribbean and Latin American regions.
Competition from Huawei led to a 24 per cent decline in iPhone sales in China in the first six weeks of 2024, Counterpoint had estimated earlier. Separately, Apple is in talks to build Google’s Gemini AI engine into the iPhone, according to media reports from earlier in March.‘Psychopathic’ Manitoba AI Easter Bunny ‘maybe just dealing with a lot,’ says creator
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