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Published 10 days ago

Collateral damage: Why Apple's iPhone sales are getting crushed in China

Summary by Straight Arrow News
Apple's iPhone sales are getting crushed in China. Sales of the smartphone dropped 19% in the first three months of 2024, the worst showing since COVID-19 hit. Meanwhile, sales from the Chinese smartphone maker Huawei surged nearly 70%, according to Counterpoint research.  China remains one of the biggest markets for Apple but the company has been dealing with less friendly territory lately. Multiple state-owned companies and government agencies…

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Collateral damage: Why Apple's iPhone sales are getting crushed in China

Apple's iPhone sales are getting crushed in China. Sales of the smartphone dropped 19% in the first three months of 2024, the worst showing since COVID-19 hit. Meanwhile, sales from the Chinese smartphone maker Huawei surged nearly 70%, according to Counterpoint research.  China remains one of the biggest markets for Apple but the company has been dealing with less friendly territory lately. Multiple state-owned companies and government agencies…

10 days ago
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