Apple (NASDAQ: AAPL), an American multinational technology company, was featured in a recent analysis report that discussed the company’s iPhone gaining market share with consumers. The report, written by LikeFolio Founder Andy Swan, reads, “And with that focused data, we can see that iPhone demand is beginning to ramp up this quarter. With demand for worldwide smartphone shipments falling 9% year over year, and Apple clearly taking market share from Samsung, investors find themselves in a situation where Apple is fighting against a trend and succeeding. LikeFolio data shows that consumer demand for all of Apple’s products has only moved up by 3% year over year… but with iPhone accounting for over half of Apple’s overall revenue, the 28% YoY gain in iPhone demand could produce a welcome surprise for Wall Street.”
About Apple Inc.
Apple is an American multinational technology company headquartered in Cupertino, California, that designs, develops and sells consumer electronics, computer software and online services. For more information about the company, visit www.Apple.com.
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