This is one of the most interesting article by CNN that pops up on my newsfeed. So here’s what I’ve learned so far.
▪️China’s Huawei is gaining market share over major rivals like Samsung and Apple, according to tech research firm Gartner.
▪️Consumers are put off by the high price tags on premium Apple and Samsung models, Gartner says.
▪️Apple has been losing ground in emerging markets like China, as leading Chinese players improve the quality of their smartphones.
Samsung and Apple are currently losing their share of the smartphone market to Huawei because to the most obvious reason ever, their high end price. One of my recent experience, when Samsung launched their S10 series, the price for a Huawei Mate 20 Pro decrease by around RM600 (USD 150). Which I believe spurs the Huawei Mate 20 Pro in the right direction.
Market data released by tech research firm Gartner showed that Huawei’s share of the market climbed to almost 15% in 3 months ended December 2018 (4% increment from same period last year).
In summary, Apple’s share dipped 2% while Samsung losses about 1%.
Apple has said that lagging sales overall are mostly die to its sluggish performance in China, with the most recent iPhone revenue fallen over 15% in the 1st Quarter Year-over-Year. Tim Cook said at the time was the result of customers “holding on to their iPhone a bit longer than in the past.” and “macroeconomic factors particularly in emerging markets”.
Well, if I were an iPhone user, I might hold on to my iPhone until it basically unusable since I could buy a brand new motorcycle for the same price of an iPhone. And those who constantly changing their iPhone every time the company release one was famously called iSheep.
Other than that, the article aren’t that interesting. Focus mainly on Huawei ‘bad press’ scandal and “incremental and marginal improvements” during each upgrade cycle.
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