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Apple see iPhone sales drop in China

Apple's iPhone sales in China have slipped

Anthony Garreffa | Jul 30, 2012 at 3:28 am CDT (0 mins, 56 secs time to read)

Considering Apple's next major market is mainland China, with a population of over one billion people, its strange to hear that Apple has just a very small portion of Chinese customers. The news has also leaked that Apple's revenues in the market have slipped.

Apple see iPhone sales drop in China | TweakTown.com

In the third quarter of this fiscal year, Apple's sales have experienced a drop when compared to the two previous quarters, with a big portion of this decline coming from their iPhone. Revenue for the third quarter in Greater China came to $5.7 billion, which is a total of 16-percent of Apple's total revenues. Considering revenues were up 48-percent from the same quarter last year, it had fallen by a sharp 27-percent from the previous quarter.

Increased competition from companies such as Samsung as well as domestic Chinese smartphones brands, the iPhones momentum has been slowing down over the past few months according to Li Yi, the secretary of China Mobile Internet Industry Alliance. Apple have sold 26 million iPhones last quarter, down a very sharp 26-percent, something I noted on last week. These sales figures were below what was expected by Wall St analysts.

Last updated: Apr 7, 2020 at 11:28 am CDT

NEWS SOURCE:vr-zone.com
Anthony Garreffa

ABOUT THE AUTHOR - Anthony Garreffa

Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering.

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