Apple iPhone Sales Decline by 24% in China in Early 2024
Tuesday, 5 March 2024, 06:17
Apple iPhone Sales Decline in China
The recent report by Counterpoint Research highlights a dramatic 24% decline in Apple's iPhone sales in China within the first six weeks of 2024. This drop coincided with an overall 7% contraction in China's smartphone market.
Key Points:
- Market Contraction: China's smartphone market shrank by 7% in the early weeks of 2024.
- Apple's Decline: iPhone sales from Apple (AAPL.US) fell by 24% in the same period.
- Implications: The significant drop in iPhone sales raises concerns about Apple's performance in China and its market share in the country.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.