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Analysts see hopeful signs as iPhone sales slide in China https://t.co/xUdicUtTY0 by David Snow
$AAPL CHINA SMARTPHONE SALES MARKET SHARE, Q1 2023 VS Q1 2024 https://t.co/q3vir89Vi8 https://t.co/vEVJ1GdtcT
Apple is now the third largest smartphone vendor in China with a market share of 15.7%, a notable drop compared to its Q1 2023 share of 19.7%. The shrink in iPhone shipments is the biggest among all top vendors. Read more: https://t.co/n7KqMn6Rci
Apple's iPhone sales in China have significantly decreased in Q1 2024, with a 19.1% drop in phone sales. Concurrently, Huawei experienced a 70% increase in its sales. Apple's market share in China has also declined from 19.7% in Q1 2023 to 15.7% in Q1 2024, making it the third largest smartphone vendor in the region. This shift in market dynamics is part of broader trends affecting the smartphone industry in China.
