Apple is growing again in China.
Apple has broken a run of sales reduction that stretches back six quarters courtesy of the promising initial signs for the recently debuted iPhone 8, according to Canalys. The firm made an analysis and recorded 40 percent annual growth for Apple in Q3 2017 with about 11 million shipments within three month. It also stated that the iPhone 8 made a higher sales proportion than the iPhone 7 did in 2016.
Apple’s sales in China declined and revenue is down by more than 50 percent from two years ago, according to its latest Q2 earnings by Techcruch. Furthermore, despite the recent growth and progress, the firm only ranked fifth in the Canalys analytics.
Huawei topped the chart with about 22 million shipments, ahead of Oppo 21 million and Vivo (20 million). Xiaomi, which is rejuvenated in 2017, took the fourth place.
Apart from the above report, there are a few notable takeaways worth discussing.
Firstly to Apple, which Canalys thinks is not yet out of trouble in China.
The effect of the recent iPhone X, that will go on sale November 1st, is not indicated in this report but already limited supply of the phone and its really expensive price — which starts at about $1,000 for the most basic model — may mean the phone doesn’t deliver the increased growth that Apple gained in China when it debuted the iPhone 6, its first bigger-sized smartphone.
Apple is unlikely to sustain this growth in Q4,” Canalys’ Mo Jia said in a statement.
While the iPhone X launches this week, its pricing structure and supply are inhibiting. The iPhone X will enjoy a healthy grey market status, but its popularity is unlikely to help Apple in the short term,” Jia predicted.
Beyond Apple, it is obvious that a few brands now lead the Chinese smartphone market.
The top five sellers in Q3 2017, according to Canalys’ analysis, represented a huge 75 percent of all the devices shipped in China. The analyst firm is predicting that Xiaomi may move up into the top three thanks to its impressive performance on China’s major online shopping day — 11/11 — and offline retail, but, that side, it is hard to see any other brand moving headway on the top brands at this period.
Source; TechCrunch
