“Apple Inc iPhone sales in China fell 20 percent year-on-year in the fourth quarter of 2018, while sales for smartphones made by home-grown rival Huawei soared by 23 percent, data from industry research firm IDC showed on Monday,” Reuters reports.
“The figures in the report showed a 19.9 percent fall in Apple’s smartphone shipments in the final quarter of 2018, while Huawei’s grew 23.3 percent,” Reuters reports. “That reduced Apple’s market share to 11.5 percent from 12.9 percent a year earlier, the report said.”
“The report is the first to put a firm number on the scale of a recent decline in Apple’s fortunes in the world’s second largest economy, after Chief Executive Officer Tim Cook pointed to China as a big factor in a rare cut in the company’s quarterly sales forecast last month,” Reuters reports. “Apple no longer breaks out detailed numbers on iPhone shipments in its quarterly results, meaning that surveys and channel checks by the likes of IDC are often the clearest indicator of shifts in sales.”
Read more in the full article here.
MacDailyNews Take: Regarding IDC and “clear indicators,” please see:
• IDC: Windows Phone will not surpass Apple’s iOS by 2018 – December 2, 2014
• IDC: Windows Phone to surpass Apple’s iOS by 2016 – June 6, 2012
• IDC: Windows Phone to surpass Apple’s iOS by 2015 – June 10, 2011
A prelude of things to come in every other market?
Tim Cook had 8-years to develop an entry level phone for the global markets. Apparently tv interviews, pride marches, memojis, and honorary degrees were more important to Cook than doing his job.
Who knew.
😐
Well said Mr. Zero. We don’t always agree but it’s really easy to see that Tim Cook needs to be replaced.
more Mr Zero horse hocky
Sorry Mr.Zero. We may have different opinions on Tim Cook, but the things you say are usually right.
The Chinese stole the technology, built lower cost knock-offs and are selling them to people that make slave wages. Apple is surprised by this result?
MDN… Why do you allow the incessant stream of repetitive, empty, banal, boring negativity?
It’s abysmally stupid and contributes nothing constructive to anyone. Or – well, actually – it probably does amuse the other three incessantly whining trolls.
Would it take too much time to just delete everything that isn’t ON TOPIC and either interesting or constructive?
Sorry. I’m the biggest troll on here but when I post insults and drivel I never ask the moderator to delete it, because I’m a crybaby hypocrite.
Who cares. What happened during the Chinese new year is the info what we need.
Why would anybody listen to constantly wrong IDC? They completely make this shit up!