iOS Getting Clobbered By Android In Chinese Smartphone Market
Although any mobile device maker would be happy to claim such a sizable market share inside the world's largest mobile community, Apple likely isn't accepting 17% as the best it can do.
With China's smartphone market having grown 164% in the past year alone, iOS can and should do better inside of China, particularly as the iPhone becomes an increasingly popular handset among Chinese consumers. But Apple has a long way to go before catching Android in this rapidly expanding market.
The latest quarterly report from Needham & Company analyst Charlie Wolf shows that Android controls a dominant 70% of the smartphone market in China today. With cheaper and more accessible devices than Apple's iPhone, Android has truly become a powerhouse across Asia.
"The surge in China can be traced in part to the introduction of smartphones at materially lower prices that made them competitive with feature phones," Wolf said this week in his new report. "A material percentage of these sales were captured by second-tier Chinese manufacturers."
The Chinese smartphone industry's growth overall has been most impressive. And with Chinese consumers clamoring to get their hands on the hottest new mobile gadget, Apple still has ample opportunity to eat into that commanding Android market share.
Source: Business Insider