
There are a myriad of reasons why, according to IDC (via Bloomberg), Apple saw year-over-year sales of the iPhone drop 19.9% in China during the calendar fourth quarter. During the three month period, the American company had the fourth largest smartphone market share in China with 11.5%. First of all, there is the U.S.-China trade war that has negatively impacted the Chinese economy, and has driven the Yuan lower against the U.S. Dollar. Because of the strength in the dollar, the Apple iPhone XR was more expensive to Chinese consumers than the Huawei Mate 20 Pro (Apple later cut wholesale ...
Monday, 11 February 2019
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