
CosmicTaco
Apple's Struggles in China Amid Sales Decline
- Apple's foreign-branded smartphone shipments in China dropped 47.4% in November YoY, marking the fourth consecutive month of decline.
- Chinese consumer prices fell to a five-month low in November, impacting household spending and contributing to Apple's market struggles.
- In response, Apple launched a rare four-day promotion in China to boost sales amid fierce competition from Huawei.
Source: Reuters
14mo ago
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