Apple's iPhone Sales in China Jump 52% in April, Data Shows

FILE - The Apple logo is illuminated at a store in Munich, Germany, Nov. 13, 2023. (AP Photo/Matthias Schrader, File)
FILE - The Apple logo is illuminated at a store in Munich, Germany, Nov. 13, 2023. (AP Photo/Matthias Schrader, File)
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Apple's iPhone Sales in China Jump 52% in April, Data Shows

FILE - The Apple logo is illuminated at a store in Munich, Germany, Nov. 13, 2023. (AP Photo/Matthias Schrader, File)
FILE - The Apple logo is illuminated at a store in Munich, Germany, Nov. 13, 2023. (AP Photo/Matthias Schrader, File)

Apple's smartphone shipments in China were 52% higher in April than a year ago, extending a rebound seen in the previous month, according to data from a research firm of the affiliated Chinese government.
Shipments of foreign-branded phones in China increased by 52% in April to 3.495 million units from 2.301 million a year earlier, data from the China Academy of Information and Communications Technology (CAICT) showed on Tuesday.
Although the data did not explicitly mention Apple, the company is the dominant foreign phone maker in China's smartphone-dominated market. This suggests that the increase in foreign-branded shipments can be attributed to Apple's performance, Reuters said.
The big increase follows a weak performance earlier this year in the world's biggest smartphone market, as the US tech giant faces intensifying competition in the high-end market from local rivals such as Huawei.
Apple's shipments in China increased by 12% in March, marking a significant improvement from the first two months of 2024, when the company experienced a 37% slump in sales.
Sales may see a further boost in May, as Apple launched an aggressive discounting campaign this month on its official Tmall site in China, offering discounts of up to 2,300 yuan ($318) on select iPhone models.
The price reduction, double the size of a discount it offered in February, comes after Huawei introduced last month its new series of high-end smartphones, the Pura 70, following the launch of the Mate 60 last August.
Huawei overtook Apple in the first quarter as the No.2 smartphone vendor in China and is ramping up its marketing campaign by opening more flagship stores and adding more retail distributors. Huawei spinoff Honor holds the top spot.
Overall smartphone sales in China increased by 25.5% to 22.7 million units in April, data from the CAICT showed.



Nintendo Switch Software to Be Playable on Successor Device

A logo of Nintendo is seen at a store in Shibuya district in Tokyo November 5, 2024. (AFP)
A logo of Nintendo is seen at a store in Shibuya district in Tokyo November 5, 2024. (AFP)
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Nintendo Switch Software to Be Playable on Successor Device

A logo of Nintendo is seen at a store in Shibuya district in Tokyo November 5, 2024. (AFP)
A logo of Nintendo is seen at a store in Shibuya district in Tokyo November 5, 2024. (AFP)

Nintendo President Shuntaro Furukawa said on Wednesday that software for the company's Switch console would be playable on the successor device.

The Kyoto-based gaming company has said it plans to make an announcement about a successor device during the financial year ending March 2025 but has not provided further details.

"Nintendo Switch is currently being played with by many customers so we decided it would be optimal for them to be able to play their Switch software on the successor model," Furukawa said.

"Customers will be able to enjoy the games they own and choose their next title from the lineup of games already on the market," Furukawa told a management policy briefing.

Offering backwards compatibility could help encourage consumers to transition to the new device and boost the appeal of existing software.

"It's not a big surprise but might be another hint the next device will be similar to the current one," said Serkan Toto, founder of the Kantan Games consultancy.

Nintendo has sold more than 1.3 billion software units for the Switch, which is in its eighth year on the market and has an install base of more than 145 million units.

The Kyoto-based gaming company has had success in extending the lifecycle of the hybrid home-portable Switch with hit games and a series of hardware refreshes.

Hardware sales are losing steam, with Nintendo on Tuesday cutting its full-year sales Switch forecast by 7% to 12.5 million units ahead of the key year-end shopping season.

"We are not surprised by the miss on the (hardware) side, given that Nintendo's target markets appear fairly saturated in most geographies," Jefferies analyst Atul Goyal wrote in a client note.

"Software sales picked up in 2Q and are expected to continue in 3Q," Goyal wrote.

Nintendo sold 39.6 million software units in the second quarter ended September, a 29% increase compared to three months earlier.

The company's shares climbed 6% in Tokyo, compared to a 3% rise in the benchmark index.