Print 38 comment(s) - last by Azethoth.. on Dec 10 at 3:54 PM

Apple is expected to rebound with the iPhone 5 launch

Apple's position in the Chinese smartphone market was bumped from No. 4 to No. 6 in the third quarter as China-based brands fire up the competition.

Apple, which previously held the No. 4 spot in the Chinese mobile phone market, slipped to No. 6 in Q3 due to its low number of shipments, according to research firm IDC. Out of China's 60 million mobile phone shipments in Q3, Apple's iPhone accounted for less than 10 percent.

China is the world's largest cell phone market with over one billion mobile subscribers at present. Chinese electronics brands have been pushing sales harder with better prices and enhanced features.

Another issue is that less than one-fifth of the one billion subscribers still use the 3G network, according to Reuters. Apple's iPhone 4S and previous do not have 4G compatibility, so other options in the market likely looked a lot more attractive.

However, IDC expects Apple's position to jump back up after the release of the iPhone 5 in December. The iPhone 5 was released in the U.S. back in September, but Chinese residents had to wait on regulatory approval to have the device sold in the country. Now that Apple has that approval, the iPhone 5 will make its way to the mobile market in China this month.

The iPhone 5 finally has 4G compatibility and a larger screen at nearly 4 inches. These and other new features should make the newest addition to the iPhone family a competitive threat in the Chinese mobile market.

The ranking of electronics manufacturers in China's mobile market is as follows, from first to sixth place: Samsung, Lenovo, Coolpad, ZTE Corp., Huawei Technologies Co. and Apple.

Source: Reuters

Comments     Threshold

This article is over a month old, voting and posting comments is disabled

RE: The End is Near
By Tony Swash on 12/7/2012 11:22:20 AM , Rating: 0
Of course they are not doomed - I was being sarcastic.

Apple and samsung are the only people making any money out of the new gigantic mobile markets and Apple is growing strongly, and it's growth will continue for the foreseeable future.

To get some idea of just what a successful business Apple is and to get a sense of scale one can compare Apple’s profits to that of the combined total for the world’s leading Internet companies for the 12 months ending Sept. 30, 2012. Here’s how they stacked up—first, the various Internet-industry leaders:

Microsoft: $15.706 billion
Google: $10.556 billion
Yahoo: $3.969 billion
eBay:  $3.839 billion
Facebook:  $223 million  $40 million
TOTAL:  $ 34.332 billion

By comparison Apple's profits in the same period were $41.773 billion which is $7.441 billion (22%) more than the other companies profit's combined.

Apple is about as far away from being doomed as any company can be.

RE: The End is Near
By BioHazardous on 12/7/2012 11:41:19 AM , Rating: 2
Wait a second.. Yahoo is profitable?
Yahoo: $3.969 billion
That's all I took away from what you said.

RE: The End is Near
By momorere on 12/7/2012 12:12:59 PM , Rating: 2
Here Tony comes to save the day (Mighty Mouse theme) !!! His usual tactics of only providing financial stats which to the average user DOESN'T matter. They aren't gonna stay profitable much longer if your precious stock keeps dropping at terminal velocity. 6% drop on Wednesday and already 2.44% drop as of this second with hours to go. I really enjoy watching their price hit $1,000 like you and so many other "ANALyst" predicted. Oh wait, they are barely hanging on to 1/2 of that and it's only gonna get worse.

RE: The End is Near
By Tony Swash on 12/7/2012 3:00:54 PM , Rating: 2
They aren't gonna stay profitable much longer if your precious stock keeps dropping at terminal velocity.

How does stock price drive profitability??

RE: The End is Near
By Dorkyman on 12/7/2012 7:28:09 PM , Rating: 2
Because a very large part of Apple's success is its "cult" status, the belief that they are Godlike and everything they do they do spectacularly well.

Then along comes the stock price crash, and former acolytes are left scratching their heads and wondering why the Golden Child is no longer golden.

I worked for Apple back in the 1980's. I left with their good graces to start my own company. No one needs to educate me about Apple pros and cons.

That's how.

RE: The End is Near
By momorere on 12/7/2012 9:15:54 PM , Rating: 2
You will have to forgive Tony as he only knows what crApple tells him like the good employee/sheep he is. He can't think outside of the box as it is against the Macolyte religion. I just wish that all companies could have employees 1/2 as dedicated as he is.

"Vista runs on Atom ... It's just no one uses it". -- Intel CEO Paul Otellini

Latest Headlines
Inspiron Laptops & 2-in-1 PCs
September 25, 2016, 9:00 AM
The Samsung Galaxy S7
September 14, 2016, 6:00 AM
Apple Watch 2 – Coming September 7th
September 3, 2016, 6:30 AM
Apple says “See you on the 7th.”
September 1, 2016, 6:30 AM

Most Popular ArticlesAre you ready for this ? HyperDrive Aircraft
September 24, 2016, 9:29 AM
Leaked – Samsung S8 is a Dream and a Dream 2
September 25, 2016, 8:00 AM
Yahoo Hacked - Change Your Passwords and Security Info ASAP!
September 23, 2016, 5:45 AM
A is for Apples
September 23, 2016, 5:32 AM
Walmart may get "Robot Shopping Carts?"
September 17, 2016, 6:01 AM

Copyright 2016 DailyTech LLC. - RSS Feed | Advertise | About Us | Ethics | FAQ | Terms, Conditions & Privacy Information | Kristopher Kubicki