Apple lost a third of its market share in China due to the price of the iPhone X

Revenue of Apple in China in the first fiscal quarter of the company increased by 11% to $ 18 million, but researchers believe that the price of the iPhone X that starts from $ 1000 to make the device out of the reach of many consumers in China and encouraged them to move towards the companies manufacturing smartphones, such as Huawei.

Analysts predict that sales of Apple TV, which tend to deteriorate significantly from quarter to Quarter, and will fall soon, and believe that the company’s share in the smartphone market of China has fallen by a third or more in the past three years.

Says Katie Hobbs, a local bank Morgan Stanley, said it expects “continued weakness in sales of iPhone in China” for the next quarter, while analysts at UBS and Nomura, the word “weak” to describe the performance of Apple last there.

It is planned that the learn Apple about its own profits, despite the financial community the company’s second day tomorrow, Tuesday, in what follows compared to the sales of iPhone in China in the last three years, according to figures of UBS and Gartner.

2015 : 71 million
2016 : 59 million
2017 : 49 million
2018 : 47 million (estimates).

It is believed Morgan Stanley believes that Apple’s share could fall to 18% in the Chinese market down significantly from 37% last year and 54% recorded in 2015 and is the highest market share recorded by the company in its history in China.

The post Apple has lost a third of its market share in China due to the price of the iPhone X appeared first on TIC-Foy.

0 Comments on “Apple lost a third of its market share in China due to the price of the iPhone X”

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