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Apple iPhone sales plunge 24% in China as Huawei smartphone business resurges, report says
CNBC ^ | 05 March 2024 | Ryan Browne

Posted on 03/05/2024 7:13:36 AM PST by zeestephen

Apple is facing a tough environment in its key market, China. Several notable trends are adding pressure, not least of which is intense competition from local Chinese smartphone makers - including a resurging Huawei.

(Excerpt) Read more at cnbc.com ...


TOPICS: Chit/Chat
KEYWORDS: qqq
Elon Musk is facing the same issue with Chinese Electric Vehicles.

Lesson Learned?

NEVER let China with 10,000 miles of your technology!

1 posted on 03/05/2024 7:13:36 AM PST by zeestephen
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To: zeestephen

The same can be said of Apple. They’ve stolen so much over the years from other companies as well. What goes around comes around.


2 posted on 03/05/2024 7:33:33 AM PST by Codeflier (Don't worry....be happy )
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To: zeestephen

The only thing Communist Chinese can’t steal is honesty.


3 posted on 03/05/2024 8:00:34 AM PST by Brian Griffin
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To: zeestephen
Apple iPhone sales plunge 24% in China as Huawei smartphone business resurges, report says

On top of a $2 Billion judgement by the EU, it's time for Tim Cook to GO!

4 posted on 03/05/2024 8:06:51 AM PST by The Sons of Liberty (Joe couldn't spell cat if you spotted him the 'C' and the 'A'.)
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To: zeestephen

https://en.wikipedia.org/wiki/History_of_patent_law


5 posted on 03/05/2024 8:06:53 AM PST by Brian Griffin
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To: The Sons of Liberty

Since the US government is trying to stop China from getting cutting edge integrated circuit manufacturing technology, Mainland China and Mainland Chinese have retaliated against Apple by buying Huawei phones instead.


6 posted on 03/05/2024 8:14:02 AM PST by Brian Griffin
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To: Codeflier

Gotta be the case. Who wouldn’t want an iPhone?


7 posted on 03/05/2024 8:18:27 AM PST by DIRTYSECRET
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To: Brian Griffin
Tim Cook and Apple should've seen this coming for a while. The whole atmosphere regarding doing business in China is getting shaky, and if they invade Taiwan all bets are off.

The Europeans don't appear to be too fond of Apple either.

8 posted on 03/05/2024 8:38:49 AM PST by The Sons of Liberty (Joe couldn't spell cat if you spotted him the 'C' and the 'A'.)
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To: zeestephen

Plunge is due to “let it rot” attitude: where young people buy only what they need and only what does the job the cheapest. And the CCP edict that only Chinese-made phones can be used for official business.

None of that has anything to do with Apple, innovation, appeal, or the quality of their phones.


9 posted on 03/05/2024 9:30:26 AM PST by PIF (They came for me and mine ... now its your turn)
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