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iPhone Sales in China Declined 24% in First Six Weeks of 2024
Apple's iPhone sales in China saw a significant decline in the first six weeks of this year that saw it lose the title of China's...
That's despite both companies selling fewer phones, owing to a 7 percent drop in the overall Chinese market, which is suffering the effects of a nationwide deflation. "Primarily, it faced stiff competition at the high end from a resurgent Huawei while getting squeezed in the middle on aggressive pricing from the likes of OPPO, vivo and Xiaomi," said Senior Analyst Mengmeng Zhang. Apple plans to announce new products with press releases on its website this week, a proven source familiar with the matter told MacRumors.
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