Apple's Q1 phone sales in China fall 19.1%, Huawei's up 70%

Apple's China smartphone market share fell to 15.7% in the fist three months of the year from 19.7% in the first quarter of 2023, according to Counterpoint Research.

Reuters

April 23, 2024 / 17:09 IST

Apple's Q1 phone sales in China fall 19.1%, Huawei's up 70%

Apple's smartphone sales declined by 19.1% in the first quarter of 2024, while rival Huawei's grew by 69.1%, signaling an increasing threat to the U.S. firm's dominance in the high-end segment of the world's largest smartphone market.

Apple's China smartphone market share fell to 15.7% in the fist three months of the year from 19.7% in the first quarter of 2023, according to Counterpoint Research.

Huawei's share rose to 15.5% from 9.3%.

Reuters

first published: Apr 23, 2024 01:56 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347