Home Business What is the reason for the collapse of iPhone sales in the Chinese market?

What is the reason for the collapse of iPhone sales in the Chinese market?

by endroar

It has been six years since 2018; Apple's decline in the Chinese market at this time is not to be ignored. Due to geopolitical tensions and the rise of local brands in China, iPhone sales have declined significantly. Many people think that the golden age of iPhone in the Chinese market is over.

iPhone sales in the Chinese market have been declining for three consecutive months. In February, iPhone sales in the Chinese market fell by 33 percent compared to the same period last year. Earlier, it fell by 39 percent in January and 30 percent in December.

According to the reports of various organizations, Apple's decline in the Chinese market will continue in 2024; In other words, Apple's 24 percent decline in 2023 will be even deeper.

Chinese buyers typically buy the most new phones in the first six weeks of the year. Naturally, that's important for the phone market. But according to Counterpoint Research, an organization that analyzes the smartphone market, iPhone sales in the Chinese market in the first six weeks of this year fell by 24 percent compared to the same period last year.

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