TECH - Apple Sales Volume Underperforms Huawei & Xiaomi On China's Singles Day: Report | Benzinga
During China's recent Singles Day shopping festival, Apple Inc (NASDAQ: AAPL) reportedly experienced a 4% year-on-year decline in smartphone sales. This drop contrasts with significant sales increases by Chinese rivals Huawei Technologies Co and Xiaomi Corp (OTC: XIACF) (OTC: XIACY), which saw their sales grow by 66% and 28%, respectively.
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The overall Chinese smartphone market witnessed a 5% year-over-year increase in sales during the festival, which ran from October 30 to November 12, ...