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Global iPhone shipments are rising, but Apple is losing share to Chinese rivals

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Both Apple and Samsung have increased their sales in Q4 2024 compared to a year earlier, but rising competition from China’s Xiaomi and others mean the iPhone’s market share has dropped.
Both Apple and Samsung have increased their sales in Q4 2024 compared to a year earlier, but rising competition from China’s Xiaomi and others mean the iPhone’s market share has dropped.
Apple appears to be turning around its problems in China, despite the increased competition from local brands, it was sales in that country that helped boost the iPhone’s fortunes in Q2 2024. According to the Wall Street Journal, stronger performance in China led quarterly shipments of the iPhone to rise 1.

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