Currently, China is slowly reopening after a recent COVID-19 wave that began in March 2022. The lockdowns and health measures have also led to a broader smartphone downturn in the country which in turn resulted in Apple iPhone shipments decline in the country. Based on the information on the latest smartphone sales provided by the China Academy of Information and Communications Technology, JP Morgan analyst Samik Chatterjee wrote that iPhone shipments were “below seasonal” in April 2022. Apple iPhone shipments declined by 26% MoM in April due to the broader smartphone downturn iPhone 13 series has been a massive hit…