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Over 300 iPhone X stolen near San Francisco Apple Store

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Iphone X
Over 300 iPhone X stolen near San Francisco Apple Store

San Francisco, Nov 2,2017: How to get an iPhone X, which is reportedly facing a huge supply gap, without getting into a beeline? Well, you steal it before it enters the store.

This is what happened in San Francisco, where thieves stole more than 300 iPhone X devices worth over $370,000 (Dh 1,359,010).

According to a report by CNET on Thursday, the three thieves stole Apple’s new smartphones from a UPS truck parked outside a San Francisco Apple Store.

The truck was delivering 313 of Apple iPhone X devices that costs $999 a piece (for 64GB varient), the report cited the police as saying.

In India, iPhone X will be available in stores from Friday at a starting price of Rs 89,000 (64GB).

People could find their iPhones with Apple’s “Find My iPhone” and remote lockout features which caused a drop in stolen devices. So thieves are getting iPhones before these services are set up.

Meanwhile, US-based package delivery company UPS said it was working with the law enforcement investigating the theft.(IANS)

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Global Premium Smartphone Market Collapses 8% in Q1 2019 as Apple Shipments Fall

Our estimates suggest that almost half of the decline in the global premium segment in Q1 2019 was due to the sluggish Chinese market

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Apple, Campus, China
A customer is entering the Apple store in Fairfax, Virginia. VOA

The global premium smartphone market has collapsed 8 per cent in the first quarter (Q1) of 2019 as Apple shipments plummeted 20 per cent, a report by Counterpoint Research said on Wednesday.

According to Counterpoint Research’s ‘Market Monitor Service’ report, during the quarter, Samsung ended up with one-fourth of the global premium segment – which is the company’s highest ever share over the past year.

This was also the first time that Samsung launched three devices instead of the usual two in its S series, thus covering wider price points.

China’s technology giant Huawei also captured a double-digit share in the highly-concentrated premium market. Impeccable camera quality, Artificial Intelligence (AI) technology and superior build quality of its flagship mate and P series drove the growth for Huawei during the quarter.

“The trend of users holding onto their iPhones for longer has affected Apple’s shipments. The replacement cycle for iPhones has grown to over three years, on an average, from two years. On the other hand, substantial design changes in the Galaxy S10 series and the better value proposition it offers compared to high-end iPhones helped Samsung close the gap to Apple,” Varun Mishra, Research Analyst, Counterpoint Research said in a statement.

China, Technology, US
People try out Huawei smartphone models on display at an electronic store in Beijing, China, May 20, 2019. VOA

Huawei even surpassed Apple to become the top player in the premium smartphone market in China – a market where the iPhone maker has been struggling.

“The sluggishness of the Chinese market was the other key reason for the decline in the global premium segment,” Mishra added.

Also Read- Google’s Calender Suffers Outage Around the World

Our estimates suggest that almost half of the decline in the global premium segment in Q1 2019 was due to the sluggish Chinese market.

“However, we expect that as 5G begins to commercialize in the future, the premium segment will grow. In 2019 and 2020, all the 5G devices are expected to launch in the premium segment,” noted Mishra. (IANS)