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Apple’s Q1 cell phone earnings in China drop 19.1%, Huawei’s up 70%

Apple’s Q1 cell phone earnings in China drop 19.1%, Huawei’s up 70%


By Liam Mo and Brenda Goh

BEIJING (Reuters) – Apple’s smartphone gross sales declined by 19.1% within the preliminary quarter of 2024, while rival Huawei’s grew by 69.1%, signaling an rising hazard to the U.S. agency’s dominance within the high-conclusion part of the world’s most important smartphone present market.

Apple’s China smartphone trade share fell to fifteen.7% within the fist three months of the yr from 19.7% within the 1st quarter of 2023, in line with Counterpoint Investigation.

Huawei’s share rose to fifteen.5% from 9.3%.

(Reporting by Liam Mo and Brenda Goh Enhancing by Kirsten Donovan)



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