Apple (AAPL) shares edged higher Tues𒈔day as iPhone shipments in China reportedly surged 52% ꦏyear-over-year in April following a flurry of discounts from retail partners.

The latest figures from the China Academy of Information and Communications Technology showed smartphone shipments soaring in the country, of which about 3.5 million units came from foreign brands, according to Bloomberg.

Chinese Consumers Express Higher Interest i🤡n Upgra🐻ding iPhones

The iPhone’s slide in China and loss of market share to 澳洲幸运5官方开奖结果体彩网:domestic rivals like Huawei may be coming to an end, according to Bloomberg Intelligence analysts, as consumers expressed a higher interest in upgrading to new devices in a recent poll. Overall smartphone sales in China increased by 25.5% to 22.7 million units in April, the official data showed, according to Reuters.

Apple reported a 澳洲幸运5官方开奖结果体彩网:decline in sales during its fiscal f🍸irst and 澳洲幸运5官方开奖结果体彩网:second quarters in China—its 澳洲幸运5官方开奖结果体彩网:biggest overseas market. When it reported its second-quarter results earlier this month, however, analysts had suggested that the headwinds the tech giant is facing in China may be significantly less than they had previously anticipated.

Apple shares were up 1% to $191.83 as of 10:18 a.m. Tuesday. Th🅷ey are slightly lower 🌺thus far this year.