Apples (AAPL) IPhone Sales in China Falls/Drops to Worst Level Since 2020 Bloomberg
News Source : Bloomberg
News Summary
- The US company fell to third in the hotly contested market, roughly on par with fast-rising rival Huawei Technologies Co
- Counterpoint Research estimates
- The market as a whole expanded about 1
- 5% as local brands including Honor Device Co
- and Xiaomi Corp
- led growth
Apple Inc.s iPhone sales in China fell 19% during the March quarter, according to data from an independent research firm that marked the gadgets worst performance there since Covid struck around 2020 [+284 chars]