Apple Inc.’s iPhone 16e is outpacing initial sales of the third-generation iPhone SE released a few years ago, but won’t be enough to reverse a China slide, according to analyst firm IDC.
The market tracker found sales of the iPhone 16e were 60% stronger in its opening three days versus the iPhone SE from 2022. But that won’t be enough to alter the forecast that Apple’s sales in China will decline about 2% overall this year. “The competition from Android will be even stronger, strengthened by the national China subsidies which will benefit Android significantly more than Apple,” said Nabila Popal, IDC senior director.
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