Huawei's comeback has directly impacted Apple in the premium segment. Besides, the replacement demand for Apple has been slightly subdued compared to previous years. - Counterpoint analyst Ivan Lam
Apple's slippage in China is partially the result of the government's crackdown on foreign technology being used in official state agencies and companies.
China is Apple's third-biggest market - behind the US and Europe - and generated around 17% of its total revenue in the October-December quarter.
iPhone shipments fell globally by nearly 10% in the first three months of the year - allowing Samsung's Android-operated phones to overtake Apple in worldwide sales.
[
add
]
[
|
|
...
]