<story><title>Apple Priced Itself Out of Shrinking Chinese Smartphone Market</title><url>https://www.bloomberg.com/news/articles/2019-01-03/apple-priced-itself-out-of-shrinking-chinese-smartphone-market</url></story><parent_chain><item><author>nostromo</author><text>That&amp;#x27;s part of it, but the bigger issue is China is rapidly slowing down.  Otherwise Apple would be seeing shrinking sales in other regions, which according to Cook has not been the case.&lt;p&gt;WSJ today posted this alarming chart of Chinese consumption-tax revenue:&lt;p&gt;&lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;i.imgur.com&amp;#x2F;2LzUKrz.png&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;i.imgur.com&amp;#x2F;2LzUKrz.png&lt;/a&gt;&lt;p&gt;&lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;www.wsj.com&amp;#x2F;articles&amp;#x2F;chinas-economic-downturn-takes-the-shine-off-its-resilient-consumers-11546513717&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;www.wsj.com&amp;#x2F;articles&amp;#x2F;chinas-economic-downturn-takes-...&lt;/a&gt;</text></item></parent_chain><comment><author>continuations</author><text>&amp;gt;  Otherwise Apple would be seeing shrinking sales in other regions&lt;p&gt;Apple does see shrinking sales in other regions:&lt;p&gt;&amp;quot;iPhone shipments in India have dropped 40 percent so far in 2018 when compared with 2017&amp;quot;[1]&lt;p&gt;China and India are the 2 largest developing economies in the world. It&amp;#x27;s no surprise that Apple&amp;#x27;s high price strategy has struggled there. Charging $1,000 for a phone might be viable in developed economies, that&amp;#x27;s not the case in developing countries like China &amp;amp; India.&lt;p&gt;[1]&lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;appleinsider.com&amp;#x2F;articles&amp;#x2F;18&amp;#x2F;12&amp;#x2F;18&amp;#x2F;declining-iphone-sales-in-india-is-a-sign-apple-is-failing-to-adapt-its-business&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;appleinsider.com&amp;#x2F;articles&amp;#x2F;18&amp;#x2F;12&amp;#x2F;18&amp;#x2F;declining-iphone-...&lt;/a&gt;</text></comment>
<story><title>Apple Priced Itself Out of Shrinking Chinese Smartphone Market</title><url>https://www.bloomberg.com/news/articles/2019-01-03/apple-priced-itself-out-of-shrinking-chinese-smartphone-market</url></story><parent_chain><item><author>nostromo</author><text>That&amp;#x27;s part of it, but the bigger issue is China is rapidly slowing down.  Otherwise Apple would be seeing shrinking sales in other regions, which according to Cook has not been the case.&lt;p&gt;WSJ today posted this alarming chart of Chinese consumption-tax revenue:&lt;p&gt;&lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;i.imgur.com&amp;#x2F;2LzUKrz.png&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;i.imgur.com&amp;#x2F;2LzUKrz.png&lt;/a&gt;&lt;p&gt;&lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;www.wsj.com&amp;#x2F;articles&amp;#x2F;chinas-economic-downturn-takes-the-shine-off-its-resilient-consumers-11546513717&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;www.wsj.com&amp;#x2F;articles&amp;#x2F;chinas-economic-downturn-takes-...&lt;/a&gt;</text></item></parent_chain><comment><author>PKop</author><text>Why is Huawei doing well then? [0]&lt;p&gt;&amp;quot;Huawei posted 33% global gains y&amp;#x2F;y, versus flat for Apple, and for Q3 in China,
where Apple is reporting struggles, Huawei sales rose 13%. Have rising trade tensions created anti-American Sentiment???&amp;quot;&lt;p&gt;[0] &lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;twitter.com&amp;#x2F;quantbond&amp;#x2F;status&amp;#x2F;1080863553454780416&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;twitter.com&amp;#x2F;quantbond&amp;#x2F;status&amp;#x2F;1080863553454780416&lt;/a&gt;&lt;p&gt;I think it&amp;#x27;s all about Apple losing share and being overpriced compared to competition, along with Chinese support for Chinese company.&lt;p&gt;A slow down will exacerbate this but as of now huge disparity compared to Huawei.</text></comment>