Sign Up
Stories
Apple's iPhone Sales Decline in China
Share
Apple Launches WeChat Store
Apple's iPhone Sales Decline in China
China's Cybersecurity Patent Holdings an...
AI-Driven Smartphone Rebound
African Business Dynamics Unveiled
Android Smartphone Industry Recovery
Overview
API
Apple faces a significant decline in iPhone sales in China, with a projected 30% drop for the first week of 2024. The decline is attributed to weak demand for the iPhone 15 and Plus, as well as increased competition from Huawei. The industry faces challenges due to component shortages, inventory build-up, and lengthening replacement cycles, exacerbated by an uncertain macroeconomic environment.
Ask a question
How does the decline in iPhone sales reflect broader trends in the technology industry?
How might the decline in Apple's iPhone sales in China impact the global smartphone market?
What strategies can Apple employ to regain market share in China?
Article Frequency
0.2
0.4
0.6
0.8
1.0
Oct 2023
Nov 2023
Dec 2023
Jan 2024
Coverage