Competitive threat to Apple in China is not long lasting: Analyst

02/03/2024 07:21
Competitive threat to Apple in China is not long lasting: Analyst

Apple (AAPL) reported first quarter results that showed China sales fell by 13%. Martin Yang, Oppenheimer Senior Analyst of Emerging Technologies and Services joins Yahoo Finance Live to discuss Apple’s stance globally—and how it measures up to other Magnificent Seven companies. Yang thinks Apple's issues in China stem more from macro issues as a opposed to competition. Apple, according to Yang is “a better value product,” in comparison to competition including Huawei or Xiaomi, due to its higher resale value and durability. Yang insists that AI integration “one of the most important things... for the initial success of the next generation of iPhone,” and expects to see a heavy emphasis on this when the company rolls out new phones.  Watch the video above to find out Yang thinks lies ahead for the iPad. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Eyek Ntekim

Apple (AAPL) reported first quarter results that showed China sales fell by 13%.

Martin Yang, Oppenheimer Senior Analyst of Emerging Technologies and Services joins Yahoo Finance Live to discuss Apple’s stance globally—and how it measures up to other Magnificent Seven companies.

Yang thinks Apple's issues in China stem more from macro issues as a opposed to competition. Apple, according to Yang is “a better value product,” in comparison to competition including Huawei or Xiaomi, due to its higher resale value and durability.

Yang insists that AI integration “one of the most important things... for the initial success of the next generation of iPhone,” and expects to see a heavy emphasis on this when the company rolls out new phones.

Watch the video above to find out Yang thinks lies ahead for the iPad.

For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

Editor's note: This article was written by Eyek Ntekim

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