Apple Falls To Third Place In Valuable Chinese Market
Apple's Chinese market share has fallen to third place overall –– and it's not the company hurting the most right now.By Ryan Biek | August 3, 2015
For once, Apple appears to getting some less-favorable headlines after falling to third place among China's largest smartphone vendors. (Video via Apple)
According to research firm Canalys, Apple is being outdone by Xiaomi and Huawei. Xiaomi is being called a startup legend, and Huawei is the fastest-growing manufacturer in the Chinese smartphone market. (Videos via Xiaomi Global and Huawei Device)
But Apple likely isn't trembling just yet. The recent drop in sales is mostly forgivable when you consider the company posted record-breaking numbers for phone, computer and app sales the quarter before.