Shares of Apple are plummeting after CEO Tim Cook issued a statement on Wednesday slashing the firm’s revenue and laying the blame squarely on an economic downturn in China.
Cook said “most of our revenue shortfall to our guidance, and over 100% of our year-over-year worldwide revenue decline, occurred in Greater China across iPhone, Mac and iPad.”
Apple was down as much as nearly 10% on the news.
But just as Apple hits a revenue speed bump, after it decided to keep its iPhone sales figures a secret, Chinese smartphone maker Huawei’s handset sales are skyrocketing.
Huawei recently announced that it shipped more than 200 million units last year. In the third quarter of 2018, Huawei captured a nearly 15% share of global smartphone shipments, which represented a nearly 40% YOY jump.
During the first three quarters of the year, Huawei sold 145.5 million phones, versus 140.4 for Apple. This is despite the fact that Huawei’s offerings are almost entirely locked out of the world’s third-largest smartphone market, the US.
While Huawei still has a way to go in catching up to Apple in terms of revenue, it is making huge inroads in markets across the globe and its high-end models are increasingly popular.
When it comes to the Chinese market, where Huawei is the leading smartphone choice, Apple is now coming to terms with its decline. Regardless of how Tim Cook spins it, this is not merely because of China’s economic slowdown or customers’ decisions to upgrade less frequently. It is also due to the fact that customers are no longer willing to pay more when they can buy a comparable product from Huawei.
The answer is obvious. Apple is priced twice as much as Huawei while having only half of the features. Add to that the dishonesty in slowing down the older Apple phones to sell the new models, savvy hi tech consumers are voting with their feet.
The answer is obvious. Apple is priced twice as much as Huawei while having only half of the features. Add to that the dishonesty in slowing down the older Apple phones to sell the new models, savvy hi tech consumers are voting with their feet.
Hsiung Feng-3 – Last time it fired, it killed a fisherman but did not sink the tiny fishing boat.
Hsiung Feng-3 – Last time it fired, it killed a fisherman but did not sink the tiny fishing boat.
We can see you from the moon.
We can see you from the moon.
If more faith is given to the trumpeter weapon’s Qualcomm story, then Apple may have already been rotten with or without the trumpeter tariffs.
If more faith is given to the trumpeter weapon’s Qualcomm story, then Apple may have already been rotten with or without the trumpeter tariffs.
Politicians everywhere bank on stupid people’s illusion over the obvious choice (or the only way, to put it bluntly) .
Politicians everywhere bank on stupid people’s illusion over the obvious choice (or the only way, to put it bluntly) .
Its all about economics. Huawei brand and phones is now recoginsed as superior to apple, thanks to the unintended consequences of its CFO arrest. The arrest gave Huawei a hugh publicity boost as an effort by the US to stop its technology advancement. In China the sale is colored by some patriotic favor.
Its all about economics. Huawei brand and phones is now recoginsed as superior to apple, thanks to the unintended consequences of its CFO arrest. The arrest gave Huawei a hugh publicity boost as an effort by the US to stop its technology advancement. In China the sale is colored by some patriotic favor.
""buy a comparable product from Huawei""
This is just wrong. U can spent half the money to get the same product, or better yet spent the same money to get >2X better Huawei phone. Apple simply stopped any innovation after Steve Jobs.
""buy a comparable product from Huawei""
This is just wrong. U can spent half the money to get the same product, or better yet spent the same money to get >2X better Huawei phone. Apple simply stopped any innovation after Steve Jobs.
Both the Huawei P20 Pro and the latest Mate 20 Pro (most popular android phone after 12/12)
iPhone vs Huawei:
CPU: 8 cores vs 6, both licensed from ARMv8s despite all the hype by crApple, and Huawei is licensing the latest core, while Apple is using the one from 8yrs ago.
Camera: pathetic single 12MP vs 3 rear cameras (up to 40MP) and 1 front.
RAM: 4GB vs > 6GB
Huawei: USB C docking to regular keyboard, mouse, monitor/TV to become a Chromebook (laptop replacement)
BTW in terms of camera, the P20 Pro is better at low light/indoor/moving targets, eg best for taking pics of little kids.
Mate 20 Pro has wide angle lense, best for closeups, selfies, tight spaces, eg city life like sitting across the table and framing everyone in without walking away from the table or standing up. As for wide lenses: distortion at edges. Both phones have Leica lenses.
Anyway it’s fvcking hilarious to read all these tech reviews still claiming how good crapple pics are. Very similar to that Tesla snake looking logo crab. hahaha
Both the Huawei P20 Pro and the latest Mate 20 Pro (most popular android phone after 12/12) can beat the latest iPhone ahead by at least one generation.
iPhone vs Huawei:
CPU: 6 cores vs 8, both licensed from ARMv8s despite all the hype by crApple, and Huawei is licensing the latest core, while Apple is using the one from 8yrs ago.
Camera: pathetic single 12MP vs 3 rear cameras (up to 40MP) and 1 front.
RAM: 4GB vs > 6GB
Huawei: USB C docking to regular keyboard, mouse, monitor/TV to become a Chromebook (laptop replacement)
BTW in terms of camera, the P20 Pro is better at low light/indoor/moving targets, eg best for taking pics of little kids.
Mate 20 Pro has wide angle lense, best for closeups, selfies, tight spaces, eg city life like sitting across the table and framing everyone in without walking away from the table or standing up. As for wide lenses: distortion at edges. Both phones have Leica lenses.
Anyway it’s fvcking hilarious to read all these tech reviews still claiming how good crapple pics are. Very similar to that Tesla snake looking logo crab. hahaha
Both the Huawei P20 Pro and the latest Mate 20 Pro (most popular android phone after 12/12) can beat the latest iPhone ahead by at least one generation.
iPhone vs Huawei:
CPU: 6 cores vs 8, both licensed from ARMv8s despite all the hype by crApple, and Huawei is licensing the latest core, while Apple is using the one from 8yrs ago.
Camera: pathetic single 12MP vs 3 rear cameras (up to 40MP) and 1 front.
RAM: 4GB vs > 6GB
Huawei: USB C docking to regular keyboard, mouse, monitor/TV to become a Chromebook (laptop replacement)
BTW in terms of camera, the P20 Pro is better at low light/indoor/moving targets, eg best for taking pics of little kids.
Mate 20 Pro has wide angle lense, best for closeups, selfies, tight spaces, eg city life like sitting across the table and framing everyone in without walking away from the table or standing up. As for wide lenses: distortion at edges. Both phones have Leica lenses.
Anyway it’s fvcking hilarious to read all these tech reviews still claiming how good crapple pics are. Very similar to that Tesla snake looking logo crab. hahaha
Any publicity is good publicity. In this current trade war Huawei has been benefiting by its name coming up as being way ahead in 5G development whilst also being much cheaper. With Apple profiteering for too long, it is quite natural that Huawei’s rise and popularity with consumers is on the up. I will certinaly look at a Huawei phone when I next need to upgrade.
Any publicity is good publicity. In this current trade war Huawei has been benefiting by its name coming up as being way ahead in 5G development whilst also being much cheaper. With Apple profiteering for too long, it is quite natural that Huawei’s rise and popularity with consumers is on the up. I will certinaly look at a Huawei phone when I next need to upgrade.