If you want a cheap iPhone, China’s the place to be right now thanks to a government subsidy scheme that means resellers are discounting the devices to make sure Beijing helps to pick up the bill.
An icon in the shape of a lightning bolt. Impact Link Wall Street's confidence in Apple's China performance seems to be slipping as its first-quarter fiscal year 2025 earnings announcement approaches.
(Photo by Kevin Dietsch/Getty Images) This setback is nothing new. Apple suffered an 11% drop in China iPhone sales in the final quarter of 2023, according to the Wall Street Journal, and the ...
Apple (NASDAQ:AAPL) is feeling the heat in China. iPhone sales slid 18.2% in Q4 2024, dropping its market share to 17.1%, down from 20.2% a year ago. Meanwhile, Huawei is back on top for the first ...
In response to the competitive pressure, Apple has resorted to severely rare discounts to stimulate sales while including promotions on its iPhone 16 models. The overall smartphone market in China saw ...
Apple Inc. has kicked off the new year with iPhone discounts in China, underlining the challenges facing the tech giant in one of the world’s most populous countries. Citing data from the China ...
On January 16, 2025, Canalys reported that iPhone shipments in China fell by 25% in the fourth quarter of 2024, while Huawei's shipments rose by 24% during the same period. This significant shift ...
China's Q4 GDP grows 5.4% y/y, beating market forecast 2024 GDP expands 5.0%, meeting the government's target But growth was unbalanced, led by industry and exports Consumption lags as workers ...
Apple was dethroned as China’s biggest smartphone seller in 2024, with local rivals Vivo and Huawei overtaking the iPhone maker after its annual shipments in the country declined 17% ...
The iPhone maker has turned to rare discounts to stimulate sales The company launched a four-day promotion in China from January 4-7 Vivo captured a 17 percent market share in China ...
Apple recaptured the top spot in China’s smartphone market in the fourth ... Its shipments fell 17 per cent to 42.9 million units for the year. The iPhone maker made up 15 per cent of the ...
The iPhone is no longer the best-selling smartphone in China, after two domestic company took over the top spots. A new report on the Chinese phone market revealed that Dongguan-based company Vivo ...