Apple can not withstand the pressure of competitors in China
Makradar Technologies / / December 19, 2019
iPhone in China no longer enjoys such wild popularity as before - the buyers of smartphones peremetnulis the Samsung camp, offering more affordable phones.
Apple on Tuesday reported its financial results: the company's revenue in China during the quarter, which ended June 29 was lower by 14% than last year, and amounted to 4.6 billion dollars. Sales by Region, China-Hong Kong-Taiwan were sluggish, despite the fact that Apple showed off a confident global sales of its smartphones. On a scale of quarter results look even more sad: a 43% decrease in sales compared to the previous quarter. The fact that Apple is watching the decline in revenue in the three regions of sales for the first time all the time.
Tim Cook said that the situation in China is catastrophic for the company, said during a conference call: "I continue to believe that China's huge opportunities for AppleĀ».
China Daily reported that analysts see the main reason for weaker sales in a tough competition. iPhone 5 was faced with strong competition from the Samsung Galaxy, HTC and other smaller local companies. To make matters worse, the Chinese telecom operators cut their subsidies for the iPhone 5 on the background of a general slowdown in the Chinese economy.
iPhone went on sale in 2007, and the called customer elation, but something she subsided when viewed on Apple's results in 2013.