The CEO of the manzanita company noted that the company gained market share in China. Thus it sought to bring tranquility to its capitalists in a context of strong competition.
The technological Manzana informed its investors this Thursday that the demand for its iPhone was still strong China. So, the company is trying to reassure its investors faced with a strong resurgence of Huawei Technologies in that country, which generated a sharp drop in the sales of the manzanita company.
iPhone sales in China fell 6%. And the return of Huawei has also helped other local smartphone manufacturers have managed to increase their market share. For this reason, the defense of Apple CEO Tim Cook, in which he pointed out that the company gained market share in China in the third quarter of the year and that sales grew after taking into account exchange rates.
This occurs even though the market experienced a drop in sales, since the research firm Canalys estimated that total sales of smartphones in China fell 3% from July to September compared to the previous year.
Apple sales expectations
Even in that context, Apple expects to sell more iPhones in the holiday quarter Even though this period has one less week of sales than the previous year as consumers bought fewer smartphones due to a choppy economic recovery.
However, the rate of decline was lower than in previous quarters, which would indicate that The market decline has eased.
On the other hand, analysts estimate that Huawei’s smartphone sales in China grew strongly in the quarter.
Source: Ambito
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