We did feel good about the plus 6% (revenue growth) for iPhone, Apple chief executive Tim Cook told Reuters in an interview. We had particularly strong double-digit growth on iPhone in emerging markets outside of China.
China is the most competitive smartphone market in the world, and that hasn't changed.
The overall strength of iPhone 15 sales clearly reflected more pent-up demand for smartphones than expected, but the big miss in China is concerning as it could be the start of a longer downward trend there, said Bob O'Donnell, an analyst at TECHnalysis Research.
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