Motilal Oswal
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Motilal Oswal

Apple iPhone sales in China fell by a fifth in fourth quarter, says IDC

Updated : February 12, 2019 08:20 AM IST

The report is the first to put a firm number on the scale of a recent decline in Apple's fortunes in the world's second-largest economy after chief executive officer Tim Cook pointed toChina as a big factor in a rare cut in the company's quarterly sales forecast last month.
A separate report from another common industry source, Hong Kong-based Counterpoint, earlier this month confirmed a similarly sharp fall in sales in India - another big emerging market where Apple is struggling.
Counterpoint said iPhone sales in the fourth quarter, which includes India's electronics sales-heavy Diwali festival, fell 25 percent on the year, reducing total sales in 2018 to 1.7 million units from 3.2 million a year earlier.
Apple iPhone sales in China fell by a fifth in fourth quarter, says IDC
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