China iPhone 12 cycle 12% weaker than iPhone X was, analyst claims

Amid a dip in the Chinese smartphone market, Goldman Sachs says that current iPhone shipments in China are 12% lower than the iPhone X series, bucking talk of a super cycle.Credit: Andrew O'Hara, AppleInsiderIn a note to investors seen by AppleInsider, analyst Rod Hall analyzes the latest China smartphone shipment data for the month of May, which was recently released by the state-run China Academy of Information and Communications Technology (CAICT). Read more...