Apple’s iPhone sales slump while China’s Huawei gains

Apple’s iPhone sales slump while China’s Huawei gains

5 years ago
Anonymous $9jpehmcKty

https://www.mercurynews.com/2019/05/28/apples-iphone-sales-slump-while-chinas-huawei-gains/

Apple’s biggest cash cow, the iPhone, continued to suffer weaker sales around the world in first quarter of the year as Chinese tech giant Huawei flexed its muscles and claimed more market share from Apple and its longtime rival, Samsung.

That’s according to new data from tech research firm Gartner, which on Tuesday released its latest report on the state of the smartphone market. According to Gartner, worldwide smartphone sales during the first quarter of the year dropped to 373 million units — a 2.7% decline from the same period a year ago. The main reasons cited for the drop were rising prices and slower rates of improvements in phone features that have caused consumers to extend the amount of time they are taking between phone upgrades.