Chinese Rivals Bite Off Apple's Profits Dragging Down iPhone Sales | Firstpost Tech & Trade
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- Опубликовано: 16 мар 2024
- Chinese Rivals Bite Off Apple's Profits Dragging Down iPhone Sales | Firstpost Tech & Trade
Apple confronts a brewing crisis in China as iPhone sales plummet 24% in the first six weeks of 2024 amid economic headwinds and resurgent domestic rivals like Huawei. Adding to this troubles, the iPhone maker faces a $2 billion EU antitrust fine over restrictive App Store policies that stifle competitions.
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Apple | iPhone | Tim Cook | China | Huawei | Firstpost | World News | Latest News | Global News | International News | Trending News
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Over the last decade, my tech stocks, particularly Apple, demonstrated robust performance with a P/E gain exceeding 30%. Looking forward, what stocks do you foresee as the next Apple in terms of growth for the coming decade?
Identifying the next Apple within the tech sector can be challenging, given Apple's exceptional performance. Consider diversifying beyond tech stocks.
Have you heard about Apple's recent patent issue with their new watches? The production halt might impact share prices, given the Apple Watch's significance.
Intriguing. How severe is this issue, and do you anticipate it affecting Apple's overall performance in the coming months?
Monica passed on information about the patent issue and is already taking actions to mitigate potential drops in share prices.
in my opinion, with evolving market dynamics necessitate a reevaluation of strategies. Engaging a wealth planner is essential for navigating the next decade successfully, leading to over $450,000 in profit over the last two years with less than a 100k when I started.
Largest smartphone brands in India and their (market share)
1. Xiaomi🇨🇳 (20.67%)
2. Vivo🇨🇳 (18.22%)
3. Samsung🇰🇷 (13.69%)
4. Realme🇨🇳 (13.45%)
5. OPPO🇨🇳 (11.71%)
6. OnePlus🇨🇳 (9.82%)
7. Lenovo🇨🇳 (7.65%)
8. Huawei🇨🇳 (4.89%)
9. Apple🇺🇸 (1.10%)
Source: Times of India
January, 2024
Thank you India for supporting 🇨🇳
Where is make in India smartphone Tata rickshaws?
All phones are Made in India, made by Indian and made for the World...😂
Thanks for India brother 😂 support China economy 😅 Lmao
India is the best country, thank you for supporting China.
Supporting China🇨🇳 from Korea🇰🇷 and we also want to cutoff iPhone money because Samsung is from Korea🇰🇷
Wow u are Korea
Shit Samsung iPhones are way smoother good luck with your
Laggy Samsung 😂😂😂😂
@@prabinvlogs222 abbé Korea hai se kya hua 😂😂😂
@@ooppww1923I prefer REALMI more than Gay iPhone
@@ooppww1923you are wrong, I have owned iPhone and Samsung both most of my life and right now I have iPhone 14 Pro Max and there is so much bugs ( never experienced this much bug specifically on RUclips) and lag here and there
The US must allow fair competition and let consumers decide . The sanctions targeting Huawei , Xiaomi and other chinese tech companies are unfair 🙏
😂 okay ccp , no thanks from a American patriotic citizen fuck your ccp controlled phones. I hope they ban tiktok and temu illl never download ethier.
US motto: Can't beat China, lets ban it
Keep crying...India too has ban all chinese imported phones and shifted all manufacturing base to India with made in India, made by Indian and made for the World phones.
True US doesn't want competition from Chinese brands in it's county but want their companies to each and every market 😂
What about China blocking every social media platform? It has literally banned Google, Twitter and numerous others. So much for having fair competition right?
I m happy to see the decline of Apple ... Because Apple think they are selling mobile phones made of GOLD and DIAMONDS 😂😂😂😂😂
Apple should not have let the CCP steal their tech.
Largest smartphone brands in India and their (market share)
1. Xiaomi🇨🇳 (20.67%)
2. Vivo🇨🇳 (18.22%)
3. Samsung🇰🇷 (13.69%)
4. Realme🇨🇳 (13.45%)
5. OPPO🇨🇳 (11.71%)
6. OnePlus🇨🇳 (9.82%)
7. Lenovo🇨🇳 (7.65%)
8. Huawei🇨🇳 (4.89%)
9. Apple🇺🇸 (1.10%)
Source: Times of India
January, 2024🤣
Are you sure Xiaomi is a Chinese company?
Been an Apple fan for 20yrs but it’s just become technologically inert and quality is not worth the price. I tested out the new Huawei phones and been blown away by how much more advanced it is. I totally will switch after my iPhone dies out, which will be soon. Have to charge it twice a day now because of shitty battery life.
Bro battery charge cycles are thing a thing, I think ur dumb as* didn't know this, u need to change your battery by choosing a store
😂😂 yeah keep trying dirt cheap products
@@TheSunAgain756 Only dirt is yourself.
Winnie the Pooh minion spotted 😂
@@TheSunAgain756 Poor Indians can only buy and use second-hand Chinese mobile phones from 10 years ago, so the experience is not good.😂😂😂😂
I knew Huwawei will bounce back
And forward all their customers' private and personal information straight to the ccp .. like tiktok does.
Bravo China 🇨🇳!!! Next do Google the more competition the better prices !
And less harassment
@@charmaine8512 🎯
We need to stop buying Apple products in America.
The usa will be better if people are free from leaving the iphone and choosing freely what they want to choose without being alienated
@@nolimit6241 Apple supports communists and police state mentalities. People need to be educated about the true cost of a product in their communities.
Chinese people are proud of their smartphone brands that can take on the world's best while Indians are proud just to have Apple factory in India 😂
Yeah sure, be proud of cheap and faulty technology. Chinese phones start behaving like zombie after 2-3 years. 😂😂😂
@rajneeshkaushal9524 people change their phones after 1 or 2 years, Indians keep theirs even after 3 years? That explains the appearance of zombies
Chinese quality is worst😂😂😂
IPhone was copied too after years of manufacturing in China.
Chinese phones (both hardware and software) are terrible my guy.
Even in the Indian market, Apple and Samsung are finding it extremely hard to compete with Chinese smartphone brands 😂
Likely because both Samsung and iPhone tech is directly copied into those phones since factories that produce Samsung in Vietnam and iPhone factory is located in (wait for it) China.
What's your take on XYO? For e-commerce, and package tracking...
This is what happens when you sell expensive phones with 60hz display even in 2024
As a common man trying to buy phone: Apple sales deserve to go down. I went to buy a new premium phone keeping iphone as prime focus. But I was actually diappointed. Very old design, OS is so out of date difficult to operate(I felt I am using years back phone while taking a demo of latest ip15. Dynamic island and so thick bezels take the content watching experience down. Conectivity is difficult, 128 gb starting varient considering starting price is aweful considering rivals to offer. Apps are restricted and many more such issues. Even demanding such prices from customers product is below average now. Do not make a product just to trap a customer like paid apps limited connectivity etc.
buy android then. some things are apple niche and usp.
Every Chinese is Nationalist and support country and it's goods💪
Bot
Tofu dreg
So many curry bots here jealous of China.🤣🤣
LET The Market decide. Free markets
Freebies😂
Hard to find something in Home Depot or Walmart that does not say "hecho en Chine"
Good thing.
冷知识，中国的小米手机，华为手机，荣耀等许多品牌，都是比亚迪汽车代工制作的！
Nothing bringing Apple down forever unless the world ends
😂😅 SAMSUNG
Really? 😅
China is not to be blamed. It's the USA itself that should be blamed.
Apple will depend on Bharat for revenue from now on.😂
Yessss finally, finally something to be proud of for China 🎉
I never used chinese phone but apple, Samsung, fairphone and google but apple mobiles are not worth spending money.👍
If USA bans Ticktok. That will definitely heart Apple.
The United States wanted to own Ticktok to promote political lies, but unfortunately Ticktok did not agree.
Maybe Apple will work with Google to make gooTok or iTok and hopefully stop the personal and private information of Americans from landing in CCP computers.
No more an Apple a day keeps the doctor away in China
I am all for every US company to exit China, Taiwan is closer anyway. Move your iPhone factories there.
Time to short APPLE
Good. If any company needs to be cut down to size, it's Apple. I was an Apple user for decades, but now touch nothing of Apple's. Like Windows drowned out Mac, they've allowed Android to do the same, due to over pricing, dubious quality, and treating customers like sheep to be shorn. Cook needs to go. But truth is, Apple ran out of new ideas years ago. Now it has run out of other people's ideas to copy and then bring out an expensive Apple version, like with iPhone. Those days are over. That overpriced uncomfortable tech Apple goggles won't save it either.
Any news story that's a bad news story of Apple is a good news story to me.
In the mean time, how much do you pay for gasoline? Ready to cut down OPEC to size? Cut down Venezuela to size. While we are at it, cut down the Universities to size since they cashed in on all that free money signed for by kids who had no idea what they were in for. I would be all for that. Don't forget Walmart and especially Amazon, a company that got filthy rich on the backs of the people during the covid crisis. Oh, and don't forget Black Rock (an 8 TRILLION dollar company) who snaps up houses as fast as they are built to force people to rent their entire lives. Some people are living in tents as a result. But Apple is the villain here. I am not an Apple product user.
Only way forward for apple is to bring in the SE concept...the reasonably priced & sized phone. They just screwed it up.
India is a large mental hospital. India lags far behind China in every aspect, but Indians are always inexplicably confident.
Apple's iPhone 15 technologies make the Huawei Mate 60 look like a *museum version. LoL*
- They are at least 5 years apart, while the satelite calling is a 25 year-old technology, also invented by the US.
USA have satellite calling on a smartphone?Huawei mate 60 pro is also won the best camera awards (dxomark
I don't blame you for being ignorant, but I enjoy reading your jokes.😂
Iphone 15 do not even have a finger print sensor
Curry bots envy china's Huawei, which they never have.🤣
Apple is superior to copy cat Huwawei😂
0:24 did she say Tim Cook as Bill gates 😂
No, its billions
Huawei far better than iphone
I really want to buy an Iphone but everytime i want to there are reasons not to buy.....i was an accidental Huawei user...had to buy it coz i broke my Samsung Note 7 b4...and it was 4 days b4 the lockdown in our place, marcy 24, 2020....so, had no choice but to buy one(installment hahhahah).....for three years it was my phone...battery was better than Samsung......though i switched back to S23 Ultra last year.....but i did not push on buying iphone since my workmates who are iphone users discourage me due to the restrictions (i can't relate even)....
China would be happy to see Tesla moves production to india
That’s not technically viable. India is negligible market for tesla so no sense of moving productions at least up-to 5 1:45
Apple must now depend on India's market to survive. Shouldn't be a problem
since India is fast becoming a US$10 trillion GDP Economy.🙏🙏
How old are you now? Let's see if you can live to see that day.
Samsung should boost its own brand let apple deal with their own brand
very handsome man TIm Cook ❤❤❤
I am surprised he has visited Dubai. But I guess he feels safe there.
Africa is here apple
Did she say Bill Gates?
🍏🍎😁
India will buy iPhone made in India🙃
Lmao keep buying Xiaomi 😂
No they buy Xiaomi.😂
Now older iphones and non pro models are made in india.its mean assembled in india. Also adding indian parts. Also is the second smartphone exporter of world is India. India is not losing but winning slowly.you can check in web.
Do all the castes in India get to own cell phones?
Android for life
Probably has nothing to do with the insane-absurd prices of their products. Over a thousand USD for a PHONE? My iPhone 15 isn't that much better than my iPhone6s the best "upgrade" is the USB-C that Apple didn't even want to do. Nobody needs to do quantum computing on their phone.
Apple need to innovate instead of forcing people to be into their ecosystem . Multipolar world == multi order selections of premium phones to choose 😊
Make your iphones cheaper in india. Your operating costs in India are very low compared to China and US. If you want a share in india's phone market then price your phones aggressively like other smartphone brands.
That would cheapen the brand and people would stop buying, also apple like 50% profit margins not 5% like chinese companies
Modi: India has the largest population in the world and the market with the greatest potential. Cook: It turns out that only a few people can afford Apple! fuck! They also tried to copy my technology.
If everyone can buy iPhone how will it be premium phone then, instead govt should reduce 18% custom duty on pro series 😢
@@ssdhusg6042 why am I not surprised, Tim. You handed it over to the Chinese, why not India?
@@tseckwr3783 India needs a mirror that can illuminate itself in order to realize the gap between itself and China. But Modi is holding a bullhorn.
I don't know how people could pay almost $1500 USD for a phone 😮
Cause we do not lived in India 😅
Crapple phones are "popular" due to forced carrier subsidized dictated by them.
India?
Support china
Not if I can ever help it.
*Sole purpose of Chinese buyer is Apple privacy against ccp* 😂😂😂😂😂😂
⚡️ Tim Cook has destroyed APPLE, no innovative design and features, same old design, catching up with competition, over priced products, lagging in AI and LLM, etc etc.
The biggest concerns of business operating in China 🇨🇳 are:
- IP thefts,
- unfair competition and
- human rights violations.
So you think there are no HR violations in USA. Wakeup!
You think merika doesn't do what you listed? Talk about being a hypocrite
Aren't those things india's preferences?😂
我每天都能在RUclips看到很多誠實正直的印度人。多麼美妙神奇的國家啊。
🍎😒--------🇪🇺+🇨🇳+SAMSUNG
China quality 😂😂😂😂
Your device works for 1 years after that it becomes zombie 😂😂
iPhone a Zombie then bro, cos it's mostly made in china 💀
Oh really? Nice bs you got there.
Poor Indians can only afford second-hand Chinese mobile phones from 10 years ago, so the experience is not good.😂😂
ha ha 'made in india ' has hurt Apple big time !!!
Ha ha only base version is made, and there is massive sale of iPhone 13,14 and 15 in india😂only if people were not poor and 18% custom were not on pro , it would have also got more sales.
After so many days, why no report on USA terrorising & banning TikTok, Firstpost should quickly report, claim india was the first one to cancel or ban TikTok, USA is only second best 😂
Gee, I wonder why India banned TikTok. I sure wish India would close down all their scam shops who take advantage of USA senior citizens and steal their life savings.
This is just a deep fake. Its a fake news also 😂
Those who got they want to buy best. Their sales decrease in China because China economy is in trouble because of real estate bubble. People lost their savings due to 50% correction in share market and due to real estate. People has no money to support their luxury products so they are moving to less expensive products.
Apple is not good company
Mediocre Iphone
Apple is best in computers mac
More like rigging the market for themselves and not the consumer.
lack of apps for desktop
@@dongiovanni8899 all apps are available
Overpriced but can't do anything useful sounds about right lol
Chinese smartphones are cheap and low in quality. These phones star behaving like zombie after 2-3 years 😂😂😂😂
After 3 years any smartphone will get slower and batteries not as good and time for a upgrade only Indian used old phones that is 10 years old cause they r too poor.
@@XiaoxiaoYuyu-ug3gy phones from non-chinese companies doesn't behave like zombie 🤣🤣🤣🤣🤣🤣. Indians doesn't need your certificate if they are poor or rich. Worry about "uighurs" concentration camps and poverty in your own country.
@@XiaoxiaoYuyu-ug3gy non-chinese phones doesn't behave like zombie. 🤣🤣🤣🤣 Indians doesn't need your certificate if they are rich or poor. Worry about poverty in your country and uhiiiggguuuurrrrs oppression.
@@XiaoxiaoYuyu-ug3gy coward and spineless state is fearful of a post on social media. Where is my reply going???
Coward and spineless state is fearful of a post on social media. My reply keeps vanishing.
Why do i feel fake wibes
More chinese propaganda
MAKE APPLE REGRET FOR THEIR STUPID MOVES
Bring back VIAO
bring back Zune