China iPhone sales strong, Apple tells investors as Huawei threat looms

China iPhone sales strong, Apple tells investors as Huawei threat looms

In an effort to assuage investors’ concerns that it is losing ground to a recently revived Huawei Technologies and other local smartphone makers, Apple announced on Thursday( Nov 2 ) that demand for its iPhones in China was strong.

In an interview with Reuters, Chief Executive Tim Cook stated that” We set a weekly record for the September third for iPhone in island China.” ” In urban China, we had four out of the top five best-selling cellphones.”

Even though the total handset sector may have shrunk, Apple appeared to have increased market share in China during the July to September period, he said during a conference phone with analysts.

Despite this year’s third having one fewer month of income than the previous year, the company anticipates selling more smartphones in the vacation quarter, according to Cook.

According to research firm Canalys, overall smartphone sales in China decreased by 3 % from July to September from the same period last year as consumers purchased fewer phones due to a rough financial recovery.

That indicated that the market’s downturn had subsided because it was declining more slowly than in previous apartments. Sales of iPhones in China decreased by 6 %, according to Canalys.

Experts predict that Huawei’s China handset sales increased significantly during the third, on the other hand. Despite being squeezed for decades by crippling US sanctions, its Mate 60 Pro mobile has garnered stories for using an innovative China-made device.