Sunday, December 15, 2024
Archived Post

The iPhone now has 19.5% of the smartphone market in China

In a note to clients — as noted by AppleInsider — Morgan Stanley analyst Katy Humber says Apple’s iPhone installed base in China saw year-over-year growth in May for the fifth consecutive month.

Apple gained 51 basis points to give it 19.5% marketshare. Huberty says that, ”In our view, “iPhone price cuts, greater usage of financing vehicles, lower VAT taxes and Chinese consumer confidence that is up ~10 points from last summer (per the National Bureau of Statistics of China) are contributing to surprisingly stable demand trends.”

That said, she’s still anticipating iPhone shipments to be down 10% year-over-year in the June quarter, and down 8% in the September period. iPhone sales fell 15% in the December quarter.

Dennis Sellers
the authorDennis Sellers
Dennis Sellers is the editor/publisher of Apple World Today. He’s been an “Apple journalist” since 1995 (starting with the first big Apple news site, MacCentral). He loves to read, run, play sports, and watch movies.