Apple Losing Top-Selling Position in China
Apple has lost its position as the top-selling smartphone maker in China, now trailing behind Chinese companies Vivo, Huawei, and Honor. This is a significant setback for Tim Cook, especially considering the $275 billion deal he made with the Chinese government. iPhone sales in China fell by 24 percent in the first six weeks of 2024.
Key Points
- Apple has lost its position as the top-selling smartphone maker in China
- Chinese companies Vivo, Huawei, and Honor are now ahead of Apple in smartphone sales
- iPhone sales in China fell by 24 percent in the first six weeks of 2024
- Apple's decline in sales is attributed to competition from Huawei and pricing strategies of other Chinese companies