Apple’s iPhone 16e Outsells iPhone SE By 60%, However Analysts Say It Will not Cease China Gross sales From Sliding In 2025 – Apple (NASDAQ:AAPL)

Apple Inc.’s AAPL newly launched iPhone 16e is off to a robust begin, however analysts say it will not be sufficient to offset the tech large’s declining gross sales in China this 12 months.

What Occurred: Based on IDC, gross sales of the iPhone 16e in its first three days have been 60% increased than these of the third-generation iPhone SE launched in 2022, reported Bloomberg.

The brand new $599 mannequin replaces the $429 iPhone SE, providing a refreshed price range choice for customers. Nevertheless, the gadget options solely a single rear digital camera, restricted base storage, and lacks superior AI capabilities — an obstacle in China’s aggressive smartphone market.

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IDC tasks Apple’s general gross sales in China will fall about 2% in 2025. “The competitors from Android shall be even stronger, strengthened by the nationwide China subsidies which is able to profit Android considerably greater than Apple,” acknowledged Nabila Popal, IDC’s senior director.

Whereas Apple plans to roll out its Apple Intelligence AI suite in China later this 12 months, that is probably not sufficient to shift client sentiment, the report famous.

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Why It is Vital: Apple might discover success elsewhere. IDC expects the iPhone 16e to account for as much as 20% of iPhone gross sales in India within the second half of 2025.

Apple beforehand reported an 11% gross sales decline in China over the vacation interval, with the iPhone seemingly a key contributor.

Apple reported $124.3 billion in income for its fiscal first quarter, surpassing analysts’ expectations of $124.13 billion. iPhone gross sales reached $69.14 billion, barely decrease than the $69.7 billion recorded in the identical interval final 12 months.

Value Motion: Apple’s inventory closed at $213.49 on Friday, rising 1.82% for the day. Nevertheless, it edged down 0.094% in after-hours buying and selling. 12 months thus far, AAPL is down 12.45%, based on information from Benzinga Professional.

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Photograph courtesy: Apple