After a rough early start to 2024 and lots of analyst negativity, Apple has turned the corner.
The iPhone captured a firm-record 17.3% market share in China last year, according to the International Data Corporation's quarterly phone tracker report .
1 spot in China, Apple made the rare move of offering limited-time iPhone 15 discounts there during this month.
Last week, IDC crowned Apple as the biggest smartphone maker in the world , dethroning Samsung for the first time ever.
And, just about two weeks ago, we reported that the Street hadn't been this cautious on Apple stock in years.
Persons:
Apple, Arthur Guo, Piper Sandler, Apple's, Goldman Sachs, we're, Jim Cramer, Tim Cook, Apple —, Jim, that's, Preorders, Jim Cramer's, Berke Bayur
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Huawei, Vivo, Apple, IDC, Samsung, Barclays, Redburn, Club, Microsoft, Bank of America, Big Tech, CNBC, U.S, Getty Images, Anadolu, Getty
Locations:
China, India, Indonesia, Brazil, ANKARA, TURKIYE, Ankara, Turkiye, Anadolu