iPhone 13 Is Already Recording Early Strong Sales In China

FX Empire2021-09-17

Apple presented the iPhone 13 only two days ago, but it has already started gaining traction in China, one of the company’s largest markets.

Apple Sees High Interest In Its iPhone 13 In China

A report by the South China Morning Post earlier today, Apple has received more than 2 million orders of iPhone 13 in China. The orders have come through Apple’s official store via e-commerce platform JD.com

Apple launched the iPhone 13 in an event earlier this week, sparking the interest of millions of people globally. The 2 million pre-order in China for iPhone 13 surpassed the 1.5 million the company received when it launched it’s iPhone 12.

The tech giant continues to be the number one premium smartphone seller in China following the recent struggles of Huawei. Huawei has come under pressure in the United States in recent years, and this has affected its manufacturing power.

Counterpoint Research senior analyst Ethan Qi pointed out that at the moment, iPhone 13 is the smartphone that has no counterpart in the market. The phone, which will start selling at 5,000 yuan (US$776), is currently the leading smartphone in the world.

Earlier this year, Huawei launched its P50 and P50 Pro Android Smartphones. However, the phones have not attracted that much attention since it doesn’t have 5G. This is due to the company’s inability to access advanced US technologies because of certain restrictions.

AAPL Down By 0.6%

The shares of Apple are down by less than 1% today despite the positive news coming out of China. AAPL is trading at $148 per share, down by 0.6% during Thursday’s trading session. Apple’s stock has underperformed this year, losing nearly 8% of its value year-to-date.

AAPL stock chart. Source: FXEMPIRE

China remains one of the most important markets for Apple. The strong interest in iPhone 13 could prove key to Apple’s performance in the fourth quarter of the year. AAPL could rally in the holiday quarter of the year if the company records strong sales for its iPhone 13.

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精彩评论

  • SXZX2026
    2021-09-17
    SXZX2026
    Impressive starts 
  • Pandachubby
    2021-09-17
    Pandachubby
    Yes
  • Nez
    2021-09-17
    Nez
    Ups all the way
  • asTra
    2021-09-17
    asTra
    Thats fast
  • MitchTay
    2021-09-17
    MitchTay
    Market is getting mixed info now and therefore reflected in mixed share price performance?I still dbelive despite the upgrade is not as substantial from previous model. It's still going to do well, at least for another year into 2022 until a new and revolutionary model comes.
    • 慢的老人
      I feel Apple has stopped innovating. The last 2 iPhone releases looked like repackaging older models with slightly better cameras. Maybe Apple Car might give it a real boost?
  • Kevin28
    2021-09-17
    Kevin28
    China always the largest market for IPhone 
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