Canalys: Chinese smartphone market down 15%, iPhones start to dip, Huawei on top
You may have heard that Tim Cook pointed the finger at the Chinese market to explain the poor performance of the new iPhone models.
Indeed, data by the analysts at Canalys shows that the Chinese smartphone market as a whole didn’t do so hot as it fell 15% in the third quarter – from 119 million units in 2017 to 101 million in 2018.
Apple holds the 5th spot in terms of units shipped, but the high prices of its phones put it in 1st place in terms of revenue. However, the new iPhone models didn’t do much to improve sales. Apple tried to push them with trade-in deals, but the discounts…