Roger Fingas for AppleInsider:
Apple’s iPhone install base in China continued its fifth consecutive month of year-over-year growth in May, according to Morgan Stanley analyst Katy Huberty.
Apple gained 51 basis points to put it at 19.5% marketshare, Huberty said in an note to investors seen by AppleInsider… “In our view,” she continued, “iPhone price cuts, greater usage of financing vehicles, lower VAT taxes and Chinese consumer confidence that is up ~10 points from last summer (per the National Bureau of Statistics of China) are contributing to surprisingly stable demand trends.”
MacDailyNews Take: The iPhone sales growth streak continues in China with nearly 1 in 5 smartphone users in China using real Apple iPhones instead of slower, uglier, insecure, privacy-trampling knockoffs of Apple’s world-changing innovation!
But, but… some whiners and trolls have been telling us that the iPhone is SOOOO doomed in China. What to believe?
The media is manipulated fake news all the time, Not many people believe them anymore even Donald Trump said so.
Perceptions can flip on a dime with consumers in general and maybe Chinese consumers are realizing Apple shouldn’t be punished for what their government and ours is doing plus seeing the writing on the wall with nice improvements with the upcoming iOS 13. Just a guess.
April fools or…. phew, so much for rabid Chinese nationalism! This article alone can do good things for AAPL!