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Apple's iPhone sales in China collapsed last quarter, and it's because they cost too much

10 days ago   |   By Business Insider

IPhone shipments in China dropped nearly 20% on an annual basis during the 4th quarter of 2018, according to a new estimate.
Huawei shipments were up 23% during the same period, according to the report.
Apple's high iPhone prices hurt it in China, according to IDC, a market research firm.
Apple missed its own revenue target during the quarter by about $7 billion, and attributed the miss to slow demand in China.
Apple's iPhone shipments during the quarter ending December 2018 were down nearly 20% in China, according to a new IDC estimate , providing additional context around why Apple...
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Apple iPhone sales in China fell by a fifth in fourth quarter: IDC

Apple iPhone sales in China fell by a fifth in fourth quarter: IDC

10 days ago   |   By Reuters

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.
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