Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

An Apple Inc. (AAPL) Smartphone Update From China, Where Does The Company Stand?

Page 1 of 2

Apple Inc. (NASDAQ:AAPL) has made it perfectly clear that it wants to dominate the China smartphone market in the years to come. While this is a nice goal to have, there are many companies standing in Cupertino’s way.

Even CEO Tim Cook has talked in depth about the fact that China could be Apple’s biggest market in the future.

Apple Inc. (AAPL) to be Added to Several WisdomTree ETFsFor now, Cupertino is struggling to keep up with the competition in this market. In addition to stiff competition, many believe that Apple Inc. (NASDAQ:AAPL) is lagging behind due to a lack of a more affordable smartphone.

Is it possible that the release of a cheaper iPhone could be just what Cupertino needs to gain more market share in China? While this is a good question, it is one that it not going to be answered until the company actually moves forward with this idea. Whether or not that happens in the near future is up for debate.

According to a study by Sino Market Research, reported by DigiTimes, “Samsung Electronics posted the largest market share of 18.8% in April 2013” in the Chinese market.

Once again, Apple Inc. (NASDAQ:AAPL) is losing out to Samsung. This is definitely Cupertino’s number one competitor, not just in China but in many other parts of the world as well.

However, this is not the only bad news for Apple. The company is trailing many others in this market. Here is an excerpt from the DigiTimes piece:

“China-based vendors Coolpad, Lenovo, Huawei Device and ZTE ranked second to fifth with respective market shares of 11.5%, 11.2%, 10.1% and 6.4%, while Apple ranked sixth with 5.4%, Sino was cited as indicating. China-based vendors together occupied 71% of the market while international vendors had the rest.”

As you can see, Apple Inc. (NASDAQ:AAPL) is losing out to more than just Samsung. The company and its iPhone is sitting in sixth place and trailing some smaller competitors such as Huawei Device and ZTE.

Page 1 of 2
Loading Comments...