Why the Apple iPhone is losing its hold in China?

There are other reasons Apple is losing ground in the Chinese smartphone market, aside from improved technology from Chinese brands — namely new marketing techniques that are more suitable for Chinese consumers.

Is Apple losing market share in China?

According to it, Apple’s market share in China dropped to 21.6\% from 23.5\%. Whereas, Huawei’s share increased to 26.3\% from 21.6\%. Whereas, only 44.7\% of Apple users upgraded to newer iPhones and above all, 22.4\% switched to Huawei.

What market share does Apple have in China?

Q4 2020 Highlights

China Smartphone Shipments Market Share (\%)
Brands	2019Q3	2019Q4
Oppo	18\%	16\%
Xiaomi	8\%	9\%
Apple	8\%	14\%

Is Apple losing market share?

iPhone’s market share dropped to 13.7 percent in the second quarter, the firm said. iPhone’s market share fell from second to fourth place globally in the second quarter of 2021, according to a report by market research firm TrendForce.

Is the iPhone popular in China?

China accounts for about one-fifth of iPhone sales, according to analyst estimates, making it a critical part of Apple’s success.

Is iPhone losing market?

The iPhone’s global market share fell to 13.7 per cent in the second quarter, dropping the Cupertino-based tech giant’s flagship product to fourth place from second overall, TrendForce data showed. TrendForce said Apple’s quarterly total iPhone output declined 22.2 per cent on quarter to 42 million units.

Are iPhones sold at a loss?

But Apple doesn’t sell products at a loss. Apple is making money on each unit sold. A lot of money. The margins may not be as high as they are with the iPhone 5s.

Does iPhone dominate the market?

Apple has been the biggest profit and revenue generator in the handset business. In Q2 2021, it captured 75\% of the overall handset market operating profit and 40\% of the revenue despite contributing a relatively moderate 13\% to global handset shipments.

What is the most popular iPhone in China?

In April 2020, the Apple iPhone 12 had a market share of six percent in China. It was the most popular smartphone model in the country, followed by the iPhone 11 and the Oppo A32.

Does Apple sell to China?

Two decades ago, as Apple’s operations chief, Mr. Cook spearheaded the company’s entrance into China, a move that helped make Apple the most valuable company in the world and made him the heir apparent to Steve Jobs. Apple now assembles nearly all of its products and earns a fifth of its revenue in the China region.

Is Apple’s problem in China really slowing the Chinese economy?

Maybe that’s what the stock market was worried about when it slashed Apple’s market value by $57 billion? In summary, Apple’s problem in China is not simply a slowing Chinese economy as Cook suggests. Smartphone shipments in China have been falling for at least six quarters.

How much did Apple’s iPhone sales fall in China?

Although the smartphone market in China fell overall, Apple fell further and fell faster than the baseline. While the Chinese market fell 9.7 per cent, iPhone sales fell by 19.9 percent.

Is Apple’s iPhone becoming a status symbol in China?

Apple’s flurry of new iPhones in late 2017 has increased its market share in China, where consumers with a lot of locally-made alternatives traditionally see the Silicon Valley brand as a status symbol.

Does Apple still dominate the world?

Apple still dominates. The Cupertino, California, company maintained its market share outside of China, but declined 6\% in the second quarter due to softer sales among high end phones globally. China remains a challenge, with sales there down around 30\% for Apple this year ending in the first half.