Apple’s having a hard time in China this year. For the first time ever, it reported a decline in year-on-year revenue and lost the iPhone patent case. Beijing also imposed strict rules on online publishing and Apple’s online stores for iBooks and movies were closed in April. China is the largest iPhone market in the world by the number of […]
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Local Rivals Bite Into iPhone’s Market Share In China
Having an Apple device is synonymous with being wealthy and fashionable for many Chinese people. And while the mindset remains, a declining number of customers are willing to pay the price, and local competitors are lining up to offer comparable alternatives at a more affordable price. This is evidenced by the iPhone’s sinking market share in China, a market of huge strategic importance […]
