In 2009, the entire Asia Pacific region brought in just $3.18 billion. China sales continued to slow in 2013. Macworld is your best source for all things Apple. Over the last decade, Apple shipped 373 million iPhones, worth $101 billion by manufacturing value, in the United States, according to researcher StrategyAnalytics. That figure was up from 2.7 million a year earlier, according to the data. Nicole Peng, research director for China at Canalys, said that Apple was seen as a status symbol for the wealthy before, but over time the company established itself as an “affordable luxury” brand. He also publishes two newsletters, Advisorator for tech advice and Cord Cutter Weekly for help with ditching cable or satellite TV. All-out economic war, he added, “would cause major economic damage globally.”, Reporting by Adam Jourdan; Additional reporting by Cate Cadell in BEIJING and Stephen Nellis in SAN FRANCISCO; Editing by Miyoung Kim and Gerry Doyle. In the long term, the shift to 3G and 4G networks in China could also lead to more sales, if carriers try to push more long-term contracts with subsidized handsets, similar to the way the U.S. market works. Jared Newman covers personal technology from his remote Cincinnati outpost. Another $44.45 goes to Japan’s Toshiba Corp and South Korea’s SK Hynix for memory chips. By Jason Dedrick, Greg Linden and Kenneth L. Kraemer July 9, 2018 / 4:45 AM / The Conversation (GRAPHIC: U.S. imports from China - tmsnrt.rs/2FMsz1Q). But a look at the competition is telling: Apple’s products are being outsold by less expensive devices. China makes $8.46 from an iPhone. Still, we can get a sense of how Apple has performed by piecing together the company’s sales figures, public statements, and milestones over the past few years. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Using a rough calculation, that implies the iPhone 7 series added $15.7 billion to the U.S. trade deficit with China last year, about 4.4 percent of the total. The customers who do want to use iTunes face roadblocks: As Bloomberg Businessweek points out, service can be slow because servers aren’t based in China, and Apple only added the ability to pay with local currency a couple of years ago. (This version of the March 21 story has been refiled to add dropped words “technology and” in paragraph 10). Current trade statistics, however, count most of the manufacturing cost in China’s export numbers, which has prompted global bodies like the World Trade Organization to consider alternative calculations that include where value is added. (It helped that Apple had launched an online store in China, along with a Chinese version of the App Store, during the previous fall.). See here for a complete list of exchanges and delays. Take a look at the iPhone X. IHS Markit estimates its components cost a total of $370.25. He believes Apple can find other ways to boost sales and be successful in China even with a small percentage of the market. Sign up for free newsletters and get more CNBC delivered to your inbox. Estimates provided to Macworld by Canalys show that with every new iPhone model through the end of 2011, Apple’s market share in China spiked to increasingly higher levels, peaking at 18.9 percent with the iPhone 4s. In the meantime, don’t expect Apple to chase after market share with cheaper devices that diverge from its existing product line. The big trade imbalance - at the heart of a potential trade war, with Trump expected to impose tariffs on Chinese imports this week - exists in large part because of electrical goods and tech, the biggest U.S. import item from China. 1 Answer: Basic Data: As Wikipedia US imports from China says: “U.S. SHANGHAI (Reuters) - U.S. President Donald Trump often tweets from his iPhone about pressuring China to address its $375 billion trade surplus with the United States. Apple likely enjoys its position in China as a respected, international brand, and the price premium it commands. Apple Inc’s iPhone, however, illustrates how a big portion of that imbalance is due to imports of American-branded products - many of which use global suppliers for parts but are put together in China and shipped around the world. That’s up 6 percent year-over-year and 24 percent over the previous quarter. Huawei is the market leader with a 40 percent share, trailed by Vivo, Oppo and Xiomi. Apple shipped 3.2 million iPhones in China through December, according to the data, and that figure was up from 2.7 million units shipped in December 2018. Siri, Apple’s “digital assistant,” reflects the challenge of knowing exactly where the value of an iPhone comes from - even if it’s put together in China. The iPhone’s contribution to U.S. trade deficits is almost certain to have grown sharply alongside higher retail prices and shipments. But since then, Apple’s share has tapered, and the launch of the iPhone 5 late last year brought only a 0.6 percent boost, bringing its share to 8.5 percent of China’s smartphone sales.
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