Chinese iPhone sales may be decelerating at faster pace than expected

New figures from China's authorities says that iPhone sales were down one third in February 2024, much more than it dropped in the same period in 2023.Apple's iPhone 15Recent reports that sales of the iPhone is now stabilizing in China were based on extrapolations for the whole of 2024 and even 2025. Nonetheless, new figures for February 2023 from the China Academy of Information and Communications Technology (CAICT) show a marked decline year over year.According to a note to investors from JP Morgan analysts, as seen by AppleInsider, February's iPhone sales were down 33% compared to February 2023. The decline from January to February was 56%. Continue Reading on AppleInsider | Discuss on our Forums