Apple falls to fifth position in Chinese market due to declining sales

While Apple has a few days left to show us the data related to device sales and the revenue they earn from them, the Cupertino-based company continues to see how the sales of its devices continue to decline, especially on the Chinese market, where the company It currently has more than 40 stores open seven days a week.

According to the latest data released regarding device sales in the Chinese market, we can see how theiPhone sales fell in May placing the company behind Huawei, Vivo, Oppo and Xiaomi. This data was collected by the Bloomberg publication.

Last year, Apple's sales in the country fell from 12% to 10.8%. Huawei has become the king of the market with a market share of 17.3% while the manufacturer Oppo has doubled its market share to 11%. Top four mobile device sales in ChinaIt is made up of four local manufacturers: Huawei, Vivo, Oppo and Xiaomiwhich together represent 53% of all device sales in the country.

At the last conference in which Apple presented the financial results, the Cupertino-based company reduced its profits in China by 26%, while in other Asian countries the drop reached 25% compared to the previous year. Apple said it has seen a reduction in distribution channels partly due to currency fluctuations and low growth figures in the country.

These last years, China is no longer developing like it was ten years ago. In fact, economic growth seems to have stagnated and this will weigh on iPhone sales, since the company had bet on China as one of the company's growth engines, engines that are slowly running out.

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