newsinsightplus.com 10bn16.4bn March 6, 2024 0 Comments BBC HomepageSkip to contentAccessibility HelpYour accountLiveNotificationsHomeNewsSportWeatheriPlayerSoundsBitesizeMore menuMore menuSearch BBCHomeNewsSportWeatheriPlayerSoundsBitesizeCBBCCBeebiesFoodClose menuBBC NewsMenuHomeIsrael-Gaza warCost of LivingWar in UkraineClimateUKWorldBusinessPoliticsCultureMoreTechScienceHealthFamily & EducationIn PicturesNewsbeatBBC VerifyDisabilityBusinessMarket DataEconomyYour MoneyCompaniesTechnology of BusinessCEO SecretsArtificial IntelligenceiPhone China sales slide as Huawei soars, report saysPublished6 minutes agoShareclose panelShare pageCopy linkAbout sharingImage source, Getty ImagesBy Mariko OiBusiness reporterSales in China of Apple’s iPhone fell by 24% in the first six weeks of 2024 compared to a year earlier, according to research firm Counterpoint.It comes as the US technology giant is facing fierce competition in the country from local rivals.During the same period China’s Huawei saw its sales jump by 64% in its home market, the report says.Apple and Huawei did not immediately respond to requests for comment from the BBC.Aside from a resurgence of Huawei sales at the more expensive end of the Chinese phone market, Apple was also “squeezed in the middle on aggressive pricing from the likes of Oppo, Vivo and Xiaomi,” Counterpoint’s Mengmeng Zhang wrote.China, which is one of Apple’s biggest markets, also saw overall smartphone sales shrink by 7% in the same period, Counterpoint said.Huawei struggled for years due to US sanctions but its sales surged after releasing its Mate 60 series of 5G smartphones in August.It came as a major surprise as the Chinese firm was cut off from key chips and technology required for 5G mobile internet.Honor, which is the smartphone brand spun off from Huawei in 2020, was the only other top-five brand to see sales increase in China during the period, according to the report. Sales of Vivo, Xiaomi and Oppo also fell in the first six weeks of the year, Counterpoint said.Apple started offering discounts on its official sites in China last month before subsidising certain iPhone models through its flagship stores on Alibaba’s marketplace platform Tmall last week.A slowdown in demand in China could affect Apple’s revenue which already disappointed investors when the firm released its earnings last month.The firm said sales in China were $20.82bn (£16.4bn) in the last three months of 2023, down from $23.9bn in the previous year.Related TopicsChinaAppleiPhonesMore on this storyApple shares slide after China iPhone ban reportsPublished8 September 2023Apple boss makes surprise China visitPublished17 October 2023Top StoriesHunt expected to cut National Insurance tax by 2pPublished49 minutes agoLive. Biden and Trump sweep early Super Tuesday states17 facts you need to know ahead of this year’s OscarsFeaturesThe Papers: Hunt’s £10bn ‘tax cut gamble’ and SAS murder inquiry17 facts you need to know about the 2024 OscarsCan the Panama Canal save itself?Why food airdrops into Gaza are controversialFour things to watch as 15 US states vote on Super TuesdayDo councils spend too much on diversity schemes?Tax, childcare, vapes: What could be in the Budget?Moment astronauts hug as they arrive at space station. VideoMoment astronauts hug as they arrive at space stationThe sound that signalled death for IRA ‘informers’Elsewhere on the BBCCan you beat the energy price cut?Tune in to Martin’s advice on the latest energy cuts, train crises and money tipsAttributionSoundsThe ultimate bromanceWatch the masters of satire Peter Cook and Dudley Moore with a look back through the archivesAttributioniPlayerAgeing, nicknames and cinema shoutingComedian Frank Skinner dishes out laughs and wisdom in this latest interviewAttributionSoundsWill this elite boarding school fit around them?Five black inner-city teens must leave their old worlds behind…AttributioniPlayerMost Read1Hunt’s £10bn ‘tax cut gamble’ and SAS murder inquiry2Army removes Kate appearance claim from website3Hunt expected to cut National Insurance tax by 2p4Woman yanked into air by shop shutters finds fame5Ban on FKA twigs Calvin Klein ad partially lifted6US pilot over alcohol limit before Edinburgh flight7Cabinet minister pays damages over Hamas claim8SAS troops investigated over Syria war crime claims9Dan Wootton departs GB News after Ofcom ruling10German patient vaccinated against Covid 217 times [ad_1] Apple phone sales fell 24% in the first six weeks of the year, according to researcher Counterpoint. Continue reading
newsinsightplus.com 10bn16.4bn March 6, 2024 0 Comments BBC HomepageSkip to contentAccessibility HelpYour accountLiveNotificationsHomeNewsSportWeatheriPlayerSoundsBitesizeMore menuMore menuSearch BBCHomeNewsSportWeatheriPlayerSoundsBitesizeCBBCCBeebiesFoodClose menuBBC NewsMenuHomeIsrael-Gaza warCost of LivingWar in UkraineClimateUKWorldBusinessPoliticsCultureMoreTechScienceHealthFamily & EducationIn PicturesNewsbeatBBC VerifyDisabilityBusinessMarket DataEconomyYour MoneyCompaniesTechnology of BusinessCEO SecretsArtificial IntelligenceiPhone China sales slide as Huawei soars, report saysPublished6 minutes agoShareclose panelShare pageCopy linkAbout sharingImage source, Getty ImagesBy Mariko OiBusiness reporterSales in China of Apple’s iPhone fell by 24% in the first six weeks of 2024 compared to a year earlier, according to research firm Counterpoint.It comes as the US technology giant is facing fierce competition in the country from local rivals.During the same period China’s Huawei saw its sales jump by 64% in its home market, the report says.Apple and Huawei did not immediately respond to requests for comment from the BBC.Aside from a resurgence of Huawei sales at the more expensive end of the Chinese phone market, Apple was also “squeezed in the middle on aggressive pricing from the likes of Oppo, Vivo and Xiaomi,” Counterpoint’s Mengmeng Zhang wrote.China, which is one of Apple’s biggest markets, also saw overall smartphone sales shrink by 7% in the same period, Counterpoint said.Huawei struggled for years due to US sanctions but its sales surged after releasing its Mate 60 series of 5G smartphones in August.It came as a major surprise as the Chinese firm was cut off from key chips and technology required for 5G mobile internet.Honor, which is the smartphone brand spun off from Huawei in 2020, was the only other top-five brand to see sales increase in China during the period, according to the report. Sales of Vivo, Xiaomi and Oppo also fell in the first six weeks of the year, Counterpoint said.Apple started offering discounts on its official sites in China last month before subsidising certain iPhone models through its flagship stores on Alibaba’s marketplace platform Tmall last week.A slowdown in demand in China could affect Apple’s revenue which already disappointed investors when the firm released its earnings last month.The firm said sales in China were $20.82bn (£16.4bn) in the last three months of 2023, down from $23.9bn in the previous year.Related TopicsChinaAppleiPhonesMore on this storyApple shares slide after China iPhone ban reportsPublished8 September 2023Apple boss makes surprise China visitPublished17 October 2023Top StoriesHunt expected to cut National Insurance tax by 2pPublished49 minutes agoLive. Biden and Trump sweep early Super Tuesday states17 facts you need to know ahead of this year’s OscarsFeaturesThe Papers: Hunt’s £10bn ‘tax cut gamble’ and SAS murder inquiry17 facts you need to know about the 2024 OscarsCan the Panama Canal save itself?Why food airdrops into Gaza are controversialFour things to watch as 15 US states vote on Super TuesdayDo councils spend too much on diversity schemes?Tax, childcare, vapes: What could be in the Budget?Moment astronauts hug as they arrive at space station. VideoMoment astronauts hug as they arrive at space stationThe sound that signalled death for IRA ‘informers’Elsewhere on the BBCCan you beat the energy price cut?Tune in to Martin’s advice on the latest energy cuts, train crises and money tipsAttributionSoundsThe ultimate bromanceWatch the masters of satire Peter Cook and Dudley Moore with a look back through the archivesAttributioniPlayerAgeing, nicknames and cinema shoutingComedian Frank Skinner dishes out laughs and wisdom in this latest interviewAttributionSoundsWill this elite boarding school fit around them?Five black inner-city teens must leave their old worlds behind…AttributioniPlayerMost Read1Hunt’s £10bn ‘tax cut gamble’ and SAS murder inquiry2Army removes Kate appearance claim from website3Hunt expected to cut National Insurance tax by 2p4Woman yanked into air by shop shutters finds fame5Ban on FKA twigs Calvin Klein ad partially lifted6US pilot over alcohol limit before Edinburgh flight7Cabinet minister pays damages over Hamas claim8SAS troops investigated over Syria war crime claims9Dan Wootton departs GB News after Ofcom ruling10German patient vaccinated against Covid 217 times [ad_1] Apple phone sales fell 24% in the first six weeks of the year, according to researcher Counterpoint. Continue reading