This website collects cookies to deliver better user experience. Cookie Policy
Accept
Sign In
The Wall Street Publication
  • Home
  • Trending
  • U.S
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Markets
    • Personal Finance
  • Tech
  • Lifestyle
    • Lifestyle
    • Style
    • Arts
  • Health
  • Sports
  • Entertainment
Reading: Apple Stays on Top for Phone Sales in China
Share
The Wall Street PublicationThe Wall Street Publication
Font ResizerAa
Search
  • Home
  • Trending
  • U.S
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Markets
    • Personal Finance
  • Tech
  • Lifestyle
    • Lifestyle
    • Style
    • Arts
  • Health
  • Sports
  • Entertainment
Have an existing account? Sign In
Follow US
© 2024 The Wall Street Publication. All Rights Reserved.
The Wall Street Publication > Blog > Business > Apple Stays on Top for Phone Sales in China
Business

Apple Stays on Top for Phone Sales in China

Editorial Board Published December 31, 2021
Share
Apple Stays on Top for Phone Sales in China
SHARE

Apple Inc. AAPL -0.35% secured the top spot for phone sales in China for a second straight month in November, according to market research data, driven by the success of the iPhone 13 series.

The Cupertino, Calif.-based company had a 23.6% market share in November, according to market research firm Counterpoint Research, after outperforming all other phone makers a month earlier for the first time since 2015.

Its nearest rival, Vivo, had a 17.8% market share in November, according to the data.

Apple’s move to keep prices of this year’s iPhone 13 series in line with iPhone 12 models has been a hit with Chinese consumers, who account for about a fifth of total iPhone sales.

Sales promotions during China’s Black Friday-like shopping season in November, known as “Singles Day,” helped major Chinese e-commerce platforms report record sales. Several new and old iPhone models made it into a daily sales top 10 ranking on one of China’s largest e-commerce platforms, JD.com Inc. on Nov. 11, when the Singles Day event kicked off.

Apple’s sales grew 15.5% in November from a month earlier, according to the Counterpoint data.

Apple is also benefiting from the troubles of its former biggest local rival in China for the high-end smartphone market, Huawei Technologies Co. Shipments and sales of Huawei’s premium phone models have plummeted since the company was hit by U.S. sanctions last year.

However, Apple’s top spot in China may be short-lived.

Counterpoint analyst Ethan Qi estimated December or January would be a turning point after Chinese iPhone owners finish upgrading their older devices. Mr. Qi said Apple may drop back behind domestic brands like Oppo, Vivo and Honor—a budget brand previously owned by Huawei—early in the new year.

Apple has kept prices on hold in China despite repeated warnings from Chief Executive Tim Cook of losses caused by supply constraints for semiconductors and other materials. In September, Mr. Cook said prices were set region by region based on a variety of things including costs, competition, local conditions and exchange rates.

Consumers in China are now seeing delivery estimates for the iPhone 13’s high-end models shortened to less than a week from about 20 days in early November. Some of China’s biggest e-commerce sites still limit each consumer to only two units for some popular models.

Write to Yang Jie at [email protected]

Copyright ©2021 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

TAGGED:Business NewsPAIDWall Street Publication
Share This Article
Twitter Email Copy Link Print
Previous Article U.S. Restrictions Push Huawei’s Revenue Down by Nearly a Third U.S. Restrictions Push Huawei’s Revenue Down by Nearly a Third
Next Article IKEA to Raise Prices as Global Supply Costs Keep Rising IKEA to Raise Prices as Global Supply Costs Keep Rising

Editor's Pick

AIIB loans 0m for Beijing coal-to-gas conversion

AIIB loans $250m for Beijing coal-to-gas conversion

A employee installs gasoline pineline at a village in Anping township of Xianghe county, Hebei province, Nov 2, 2017. [Photo/Xinhua]…

By Editorial Board 3 Min Read
Authorities borrowing third-highest file in October as individuals not spending – official figures | Cash Information
Authorities borrowing third-highest file in October as individuals not spending – official figures | Cash Information

Authorities borrowing was increased than anticipated and customers tightened their belts, spending…

3 Min Read
Panera reveals turnaround technique to reverse stagnant gross sales
Panera reveals turnaround technique to reverse stagnant gross sales

Panera Bread is launching a multimillion-dollar initiative to overtake its operations to…

5 Min Read

Oponion

Jenna Dewan’s Fiance Trolls Channing Tatum (Allegedly) Over Break up

Jenna Dewan’s Fiance Trolls Channing Tatum (Allegedly) Over Break up

When Jenna Dewan’s fiance trolls Channing Tatum, you work that…

October 31, 2024

Cody ‘Beef’ Franke Explanation for Loss of life: Barstool Sports activities Persona Passes Away at 31

Studying Time: 2 minutes On-line media…

October 27, 2025

AT&T Boss Sees Room to Raise Prices, Cut Costs

AT&T Inc. Chief Executive Officer John…

April 9, 2022

Theranos Founder Faces September Sentencing

A federal judge has scheduled a…

January 13, 2022

In case you are 60 years outdated, new 401(okay) guidelines may prevent cash

Inventory Dealer's Almanac editor-in-chief Jeffrey Hirsch provides…

January 10, 2025

You Might Also Like

Building Dreams, Not Excuses: The Fabian QC Mindset
BusinessTrending

Building Dreams, Not Excuses: The Fabian QC Mindset

Fabian Niklas Ciobanu didn’t inherit wealth — he built it. Born in Moldova and raised in Italy, he grew up…

1 Min Read
The Brand Doctor: Applying diagnostic analysis, structural correction, and strategic recalibration to brand performance.
BusinessTrending

The Brand Doctor: Applying diagnostic analysis, structural correction, and strategic recalibration to brand performance.

In a market where most companies confuse visibility with value, Dr. Victoria Garcia operates at a different level. Her work…

6 Min Read
FundRelis Restora Brings Accountability to the Wild West of Online Scams
BusinessTrending

FundRelis Restora Brings Accountability to the Wild West of Online Scams

Zurich, Switzerland — In a financial era defined by digital innovation and unregulated trading, a quiet revolution is taking shape inside…

5 Min Read
Russia for Business: Experts Who Help Drive Decisions
BusinessTrending

Russia for Business: Experts Who Help Drive Decisions

Amid sanctions and the restructuring of global supply chains, understanding the logic behind Russia’s actions has become a practical necessity…

4 Min Read
The Wall Street Publication

About Us

The Wall Street Publication, a distinguished part of the Enspirers News Group, stands as a beacon of excellence in journalism. Committed to delivering unfiltered global news, we pride ourselves on our trusted coverage of Politics, Business, Technology, and more.

Company

  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • WP Creative Group
  • Accessibility Statement

Contact

  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability

Term of Use

  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices

© 2024 The Wall Street Publication. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?