Apple Just Dethroned Xiaomi As The Top Smartphone Maker In China
Forbes on Monday reported that Apple Inc.(NASDAQ: AAPL)'s iPhone market share is declining nearly worldwide, except for one country: China.
Forbes cited Kantar Worldpanel ComTech's survey of smartphone sales and concluded that a rolling three-month period ending in February suggested that Apple's iPhone saw its market share decline for two months in a row in the U.S., Japan, Germany, Great Britain, Italy and Spain.
On the other hand, iPhone sales ticked higher in France.
Most notably, iPhone sales had a strong showing for the fourth month in a row in China.
Apple grew its market share in China from 17.9 percent a year ago to 27.6 percent. By taking the No. 1 spot in China, Apple has dethroned Beijing-based smartphone maker Xiaomi Inc.
"There has been a strong appetite for Apple's products in urban China seen since the launch of the iPhone 6 and 6 Plus and this has continued into Chinese New Year," Kantar analyst Carolina Milanesi noted.
"China Mobile Ltd. (NYSE: CHL) subscribers accounted for 59% of the 27.6% volume share recorded by iOS in the latest period."
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