Aug 25, 2018

Slowing China Sales of Apple

Apple suffered a steep 33 percent decline in revenues to $8.85 billion from $13.23 billion in China from the same period a year ago. According to the latest report from research firm Canalys, the company’s ranking in the Chinese market has slipped to fifth behind local smartphone makers. Apple now trails Huawei, Oppo, Vivo, and Xiaomi.