Apple iPhone Sales in China Soar After 18 Months of Decline

Apple iPhone Sales in China Soar After 18 Months of Decline

Apple iPhone Sales in China Soar After 18 Months of Decline

In the US, there have not been as many iPhone 8 buyers as the majority of Apple fans were supposedly waiting for the iPhone X. However, in China, it is a different story.

The company has broken a run of sales decreases that stretches back six quarters thanks to promising early signs for the newly released iPhone 8, according to a new report from Canalys.

Huawei remains the top smartphone manufacturer in China, but the gap between the first, second and third-placed manufacturers is narrow, as Huawei, Oppo and Vivo took 19%, 18% and 17% market share respectively.

A survey by Canalys found that around 11 million iPhones were shipped in the third-quarter against 8 million a year ago in the same period in China.

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Chinese smartphone shipments registered another quarter of decline as the market contracted 5% in Q3 2017 to 119 million units. However, Apple's China sales across all products, including the iPhone, have dropped precipitously over the last couple of years. However, despite launching three new devices this year, Apple's success in China could be short-lived. Apple's offers by and by expanded as of late to over 3%, which influences the market to top of the organization $842 billion. He predicted that it is unlikely for Apple to sustain this growth in Q4 2017.

The report claims that Suning.com cut the iPhone 8's price by up to 1,100 yuan ($165.50), while another site, JD.com, is offering reductions of up to 800 yuan ($120.34) off the most expensive version of the smartphone. She also said that Q4 will be a highly competitive quarter because of the 11.11 online shopping festival. Though Mo feels that the iPhone X will enjoy a healthy market status, its popularity won't help Apple in the short-term.

Apple, which reports fiscal fourth-quarter financials on Thursday, typically breaks out revenue by region, but for the number of devices sold, it provides only a global figure.

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