Market research firm KeyBanc has released its latest market research report, with data showing that Apple's iPhone sales fell 77% year-on-year in April.
According to KeyBanc, Apple's iPhone sales in April fell 77 percent year-over-year and 56 percent in the chain, affected by the new coronavirus outbreak.
In mid-April, Goldman Sachs released a report that said Apple iPhone sales could plummet by more than a third in the second quarter of this year. In response, Goldman Sachs downgraded Apple stock from a "neutral" rating to a "sell" rating.
Goldman Sachs analysts have said that iPhone sales will fall 36% year-on-year in the second quarter of this year as economic development is hit by the new crown virus outbreak. receive
In the future, market demand will gradually recover and is expected to decline by only 2% by the fourth quarter of this year.
