"Apple's iPhone Sales Drop 24% in China as Huawei Surges"

1 min read
Source: Fox Business
"Apple's iPhone Sales Drop 24% in China as Huawei Surges"
Photo: Fox Business
TL;DR Summary

Apple's iPhone sales in China have dropped 24% year-over-year in the first six weeks of the year, facing stiff competition from Huawei, which saw a 64% surge in smartphone sales. Analysts attribute the decline to strong competition in the market and lack of significant upgrades in the latest iPhone model. Apple's share of the Chinese smartphone market has dropped to 15.7%, putting it in fourth place. Despite this, Apple reported strong iPhone sales worldwide, except in China, and CEO Tim Cook emphasized the competitiveness of the Chinese smartphone market.

Share this article

Reading Insights

Total Reads

0

Unique Readers

0

Time Saved

2 min

vs 3 min read

Condensed

78%

41089 words

Want the full story? Read the original article

Read on Fox Business