Apple iPhone sales in China fell 44.25% year-on-year in October - Reuters
)'s iPhone, plummeted 44.25% year-on-year in China during October, according to a report from Reuters on Wednesday, citing data released by the China Academy of Information and Communications Technology , a government-affiliated research firm.
As the largest foreign smartphone manufacturer in China, Apple’s performance is said to have significantly impacted the overall figures for foreign brands. The feature, which is expected to debut next year, lacks a confirmed AI partner in China, further dampening consumer enthusiasm. The steep drop in Apple’s performance highlights the challenges faced by the company in China’s highly competitive smartphone market, where local manufacturers are gaining share.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.
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