Despite major retailers launching deep discounts in the weeks leading up to the June shopping festival, Apple’s iPhone shipments in mainland China in May Volume still increased by 40%, which was lower than the previous month.
According to Bloomberg calculations based on official data, Chinese smartphone shipments increased by more than 13%, but foreign brands (of which Apple accounts for the majority) ) is growing almost four times as fast.
iPhone shipments began to rebound around March, growing by more than 50% in April. This is partly because Apple and its Chinese resellers have been cutting prices since early 2024, with deals extending into the crucial June 18 shopping holiday.
The Chinese company is on the verge of hitting 1 billion active consumer devices running its own operating system, underscoring the U.S.-sanctioned company's battle with Apple in the high-end market compete.
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