Apple Expects to Sustain iPhone Sales in 2022 as Market Slows

  • 📰 IrishTimesBiz
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 77%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Apple Expects to Sustain iPhone Sales in 2022 as Market Slows via IrishTimesBiz

Apple has asked suppliers to build at least as many of its next-generation iPhones this year as in 2021.Apple Inc has asked suppliers to build at least as many of its next-generation iPhones this year as in 2021, counting on an affluent clientele and dwindling competition to weather a global electronics downturn.

At a time when Android devices are suffering, the stronger demand for Apple’s new lineup stems from a customer base still willing to spend on premium gadgets, the people said. The virtual demise of Huawei Technologies Co. also has eroded competition in high-end smartphones. This week, a cooler-than-anticipated US inflation reading buoyed hopes that interest rate hikes won’t be as aggressive as though. But market observers cautioned the economic outlook remained bleak.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Hostelworld expects to report positive earnings in second half of 2022Hostelworld expects to report positive earnings before interest, taxation, depreciation and amortisation (ebitda) in the second half of this year, as the travel sector continues to recover from pandemic disruption.
Source: businessposthq - 🏆 8. / 71 Read more »