According to a recent forecast, Apple is expected to sell an all-time high of 8–9 million iPhones this year, up from 6.7 million in 2022.
In comparison to the same period last year, sales have nearly doubled to around 4 million in the first half of the calendar year.
It further stated that by the end of this year, market analysts anticipate Apple to have its best-ever market share of 6% to 7%.
According to a report in The Economic Times, sales have nearly doubled to approximately 4 million in the first half of the calendar year from the same period last year.
According to the research, which used Counterpoint Research and IDC as sources, shipments for the year will probably total 8–9 million iPhones.
Market watchers anticipate Apple to reach its best market share of 6% to 7% by the end of this year, as previously stated.
With celebrations beginning in the second half and the introduction of the iPhone 15, more aggressive sales tactics through discounts and expanded availability are anticipated.
In the report, it was observed that the majority of iPhone sales occurred in the third and fourth quarters of the previous year, and market trackers were cited as predicting that “this year will be no different.”
As investors bet on the iPhone maker’s capacity to expand revenue even as it explores new sectors like virtual reality, Apple Inc.’s market value exceeded the $3 trillion mark on June 30 for the first time since January of last year, according to Reuters.
On January 3, 2022, during intraday trading, Apple’s market capitalization momentarily surpassed $3 trillion before the session ended barely below that threshold.
Apple stock has increased as technology stocks have recovered on speculation that the Federal Reserve may be lowering the rate at which it raises interest rates as well as on the buzz surrounding artificial intelligence.
The computer giant’s resilience in a volatile economy is illustrated by Apple’s less-than-expected sales decline in its most recent quarterly report. It also strengthened the company’s standing with investors.
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