The news suggests that Apple’s iPhone 12 family of devices (NASDAQ: AAPL) sold far better than expected in China during the fourth quarter, providing further evidence that the long-anticipated “super cycle” may have arrived. A DigiTimes story (courtesy of MacRumors) reports that Apple sold north of 18 million iPhones during the fourth quarter, a “staggering” number that would suggest that Apple took more than 20% market share to close. ‘year.
To put that into perspective, prior to the report, Chinese rivals including Huawei, Xiaomi, Oppo and Vivo accounted for more than 90% of the devices sold in the country, leaving a high single-digit percentage available to Apple and every other provider in the country. making the achievement of the iPhone makers even more remarkable.
- According to this source IPhone 12 sales rise in China to close in 2020
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