Apple loses smartphone sales crown in China, drops to third in 2024
Apple was dethroned as China's biggest smartphone seller in 2024, with local rivals Vivo and Huawei overtaking the iPhone maker after its annual shipments in the country declined 17%, data from research firm Canalys showed on Thursday.
Apple tumbles as research firm shows iPhone lost its top spot in China in 2024
Apple took the number one spot but saw a 25% year-over-year decline after having shipped 13.1M units in the fourth quarter of 2024. The company had 17% of the Chinese smartphone market at the end of the fourth quarter, compared to 24% in the year-ago period.
Apple stock closed down 4% on Thursday, its worst day since Aug. 5, following several reports of lackluster iPhone sales in ...
A report from Canalys, a market research firm, on Thursday, stated that Apple has fallen to third place in terms of ...
Canalys reported that iPhone shipments in China fell by 25% in the fourth quarter of 2024, while Huawei's shipments rose by ...
The 'Fast Money' traders debate Apple's mounting issues, including a decline in iPhone sales in China, and where they expect ...
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