Apple dipped to 3rd in Chinese smartphone market in June, Canalys says
Despite the country being a key market continuing to see tremendous growth, Apple nevertheless lost ground in China to native phonemakers Xiaomi and Huawei during the June quarter, according to Canalys market research data teased on Monday.
Xiaomi reclaimed the lead with a 15.9 percent share, Canalys said. Huawei grew 48 percent sequentially to a 15.7 percent share, helping to push Apple down to third place, and growing faster than any other company in the top 10. Samsung and Vivo took fourth and fifth place.
Canalys didn't quote Apple's exact share in advance of publishing a full report later this week. In July, however, Apple announced that it had shipped 47.5 million iPhones worldwide during the June period, and that Chinese revenues were up 112 percent overall -- presumably because of the iPhone, its flagship product.
Canalys analyst Jingwen Wang commented that while Apple and Samsung have increased channel coverage through flagship stores and small- to medium-sized phone retailers, the Chinese smartphone market stayed stagnant during the June quarter. As a result, competition "has never been so intense," Wang said.
Apple is continuing to succeed on a global level. Recent Strategy Analytics data pointed to Apple becoming the second-biggest cellphone vendor worldwide during the June quarter, including not just smartphones but basic "feature" phones, which often sell in poorer markets that smartphones can't reach.
Xiaomi reclaimed the lead with a 15.9 percent share, Canalys said. Huawei grew 48 percent sequentially to a 15.7 percent share, helping to push Apple down to third place, and growing faster than any other company in the top 10. Samsung and Vivo took fourth and fifth place.
Canalys didn't quote Apple's exact share in advance of publishing a full report later this week. In July, however, Apple announced that it had shipped 47.5 million iPhones worldwide during the June period, and that Chinese revenues were up 112 percent overall -- presumably because of the iPhone, its flagship product.
Canalys analyst Jingwen Wang commented that while Apple and Samsung have increased channel coverage through flagship stores and small- to medium-sized phone retailers, the Chinese smartphone market stayed stagnant during the June quarter. As a result, competition "has never been so intense," Wang said.
Apple is continuing to succeed on a global level. Recent Strategy Analytics data pointed to Apple becoming the second-biggest cellphone vendor worldwide during the June quarter, including not just smartphones but basic "feature" phones, which often sell in poorer markets that smartphones can't reach.
Comments
A correction, at least.
[...]In July, however, Apple announced [...] Chinese revenues were up 112 percent overall -- presumably because of the iPhone, its flagship product.
Canalys analyst Jingwen Wang commented that while Apple and Samsung have increased channel coverage through flagship stores and small- to medium-sized phone retailers, the Chinese smartphone market stayed stagnant during the June quarter. As a result, competition "has never been so intense," Wang said.
[...]
2 things...
1) Success isn't in units shipped, it's in profits retained.
2) I'm having hard time believing the analysts seeing apple doubling revenue, and at the same time dropping to 3rd place in quarterly shipments, when they classify China Smartphones as a 'stagnant' market.
Meaningless without context. Were the gains made by Xiaomi and Huawei in the high end flagship market or the low end crap phone market? I’m sure Apple is happy to concede the low end to these two companies just like it does Samsung. Since Apple’s Chinese revenues were up 112% I’m guessing they are not all that concerned about this ‘report’ that implies impending failure and collapse by Apple. Of course these kinds of reports are what generate ad clicks so I’m not surprised that the context of these results are ignored and not reported.
2 things...
1) Success isn't in units shipped, it's in profits retained.
I’m sure Apple is happy to concede the low end to these two companies just like it does Samsung.
I agree.
The smart AAPL investor will know that Apple is not motivated by gaining market share, and its success cannot be judged by this metric.
Total stock manipulation piece.
...
So obvious Wall STreet is trying to scare retail into selling their shares for cheap. Not getting my shares assholes
Also agree.
Unfortunately, many are not smart investors and seem very susceptible to FUD, consistently selling off whenever rumors and faux-news stories like these come out.
It doesn't affect me much because I'm a buy and hold investor with a long horizon, but every time the predictable swings happen in AAPL, I think about some retiree being duped of some part of their retirement fund and it makes me sad.
http://www.counterpointresearch.com/2q2015marketmonitorchina
The market was stagnet but the chinese supplier grew market share, you can not be stagnet and growing at the same time. Must the that fuzzy math these analysis are using.
You can if some suppliers lost enough sales to offset the growers. (Think Samsung.)
Apple is still #1 in sales of smartphones without backdoors.
Yeah, but those sales appeared to have gone to Apple, considering Apple is the only company who puts their numbers out no one really knows what the other guys sold. Apple could not have grown 112% in china and have all the other guys grow in a stagnet market. Someone it making up funny numbers.
A correction, at least.
You talking about the share price there?
Wait..... Is this another Market Share Doom Mongering article? I'm having a hard time telling...
Wait..... Is this another Market Share Doom Mongering article? I'm having a hard time telling...
Didn't you get the memo? Today is "Dump AAPL Day".
Total stock manipulation piece.
They say Apple is third but fail to give a percentage share. And fail to give a units sold by Xiaomi or Huewei. Both who don't report unit numbers on their quarterly reports. Not that it matters but Apple could have sold a few thousand less and still be third place. Smell of twisting numbers to follow an agenda.
Total Apple tanked to $117.50 about 12% below its all time high.
So obvious Wall STreet is trying to scare retail into selling their shares for cheap. Not getting my shares assholes
You and everyone else seem perfectly happy with the veracity of Canalys reports when they state that Apple make 92% of all smartphone profits but now you are saying they can't be trusted. Does that go for the 92% claim as well or is that you rate their data depending on how you think it might affect Apple's share price?
I agree.
The smart AAPL investor will know that Apple is not motivated by gaining market share, and its success cannot be judged by this metric.
Also agree.
Unfortunately, many are not smart investors and seem very susceptible to FUD, consistently selling off whenever rumors and faux-news stories like these come out.
It doesn't affect me much because I'm a buy and hold investor with a long horizon, but every time the predictable swings happen in AAPL, I think about some retiree being duped of some part of their retirement fund and it makes me sad.
The average retail investor buys high and sells low and that’s why so many think the stock market is a casino where the house always wins. But you can’t make any money these days without being in the stock market. You actually lose money to inflation with CDs that pay little to no interest over long periods of time. You might as well just put your money in a tin can and bury it in the back yard. Bonds? Meh. Precious metals? Gimme a break! The tip your dentist gave you will probably work out just as well as buying gold.
Yep.
I wouldn’t be worried about iWatch sales (I just wouldn’t have expected many to sell at all, since it’s a companion product); I WOULD be worried about the collapse of China.