On March 5, data from market research agency Counterpoint Research showed that in the first six weeks of this year, Apple's iPhone sales in China fell by 24% year-on-year, ranking fourth among China's smartphone manufacturers, and its market share fell from 19% in 2023 to 157%。
iPhone shipments in China fell by 21%。The reason for this decline may be due to increased competition from local competitors such as Huawei, which increased shipments by 36 percent in the fourth quarter of 20232%。
Analysts**, Apple's sales will be under pressure again in 2024. Just last week, the official *** iPhone 15 series of major channels ushered in price cuts.
Sales** combined with the previous drop in antitrust fines of 1.8 billion euros imposed by the European Union, Apple's stock price fell another 2. on March 5 after four consecutive trading days**84%, and the market value evaporated by 147 billion US dollars (about 1,060.2 billion yuan) in two days, falling to 263 trillion dollars.
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