Chinese smartphone shipments registered another quarter of decline as the market contracted 5% in Q3 2017 to 119 million units. The race to the top remains tight as Huawei, Oppo and Vivo took 19%, 18% and 17% market share respectively.
Apple’s declining streak in China has come to an end, as shipments grew 40% from 8 million in Q3 2016 to about 11 million this quarter. This makes it Apple’s best performance in China in the last eight quarters, where its growth has slowed considerably since the launch of the iPhone 6S. The mix of the iPhone 8 series at launch is also higher than the corresponding mix of the iPhone 7 series at launch last year. However, despite launching three new devices this year, Apple’s success in China could be short-lived, Canalys says.
“Apple’s growth this quarter is only temporary. The high sell-in caters to the pent-up demand of iPhone upgraders in the absence of the iPhone X. Price cuts on earlier models after announcing the iPhone 8 have also helped. However, Apple is unlikely to sustain this growth in Q4,” said Canalys Research Analyst Mo Jia in a statement. Despite being touted as widely expensive, excitement for the launch of the iPhone X is building in China. “While the iPhone X launches this week, its pricing structure and supply are inhibiting. The iPhone X will enjoy a healthy grey market status, but its popularity is unlikely to help Apple in the short term.” added Jia.
Source: Canalys
MacDailyNews Take: It’s going to take awhile for the supplies to stabilize before Apple will know the true iPhone mix and for analysts to devine what’s happening with iPhone vs. the slow iPhone knockoffs in China.
For an interesting analysis of this data – see:
https://seekingalpha.com/article/4118075-apple-analysis-40-percent-q3-growth-china
Making a case for $300 is a stretch, but he seemingly hits the pertinent points. It’ll require a long, long hold.
to NOT be sustainable? How is conclusion made? After 8 quarters of being down, followed by a 40% uptick…that’s not a passing sneeze. Clue from someone smarter than I?
Good and informative post.
Here is the tranding topic website
https://www.lyricstubes.in/
Apple’s sales increased in China only because Tim Cook prefers profits over principles. Tim Cook kowtows to Chinese repression and authoritarianism.
Nice Post.. I really Loved your Post. People Also Helpful Post / Website is Here : https://www.lyricsovera2z.com/
Great article ever read
https://www.www.smfclyrics.com