Apple Takes The Top Spot in China, Dethrones Xiaomi and Samsung
We are all familiar with Apple’s soaring sales of iPhone 6 and iPhone 6 Plus. Apple recently revealed its record Q1 sales, surpassing even the highest analyst iPhone sales expectations as it set new iPhone sale records and new company record, too.
Now, a Chinese data firm Canalys has released its latest report that the Cupertino based manufacturer has risen to the top spot in the highly competitive Chinese market for the first time. The report also mentioned that it is highly surprising considering the price of its devices is ‘nearly double those of its nearest competitors’.
While the home grown smartphone giants of China are aiming for global expansion, the iPhone maker has turned the table towards the domestic market. The report highlights that the major reason of the success is the that Apple is finally embracing the LTE and large screen trends which are the most vital parameters in Chinese market.
Apple captured a record 33 percent market share in South Korea in November 2014, according to Hong Kong-based market research company Counterpoint. Samsung, arch-rival of Apple has been shunned to the third place, tailing behind Apple is China’s Xiaomi.
Apple will be reporting it last quarter earning next Tuesday in detail.