Apple Inc. iPhones Lose Market Share In Q3, Chinese Vendors Grow

0
Apple Inc. iPhones Lose Market Share In Q3, Chinese Vendors Grow
ElisaRiva / Pixabay

Shipments for the Apple Inc. (NASDAQ:AAPL) iPhone have increased by 23% over the same period from last year. However, shares for the worldwide market have slipped, thanks to competition from Chinese vendors.

Lenovo benefited from Apple’s fall

The last quarter, over 30 million iPhones were sold to customers, however a significant leap in the smartphone market (about 46 percent) diluted Apple’s share from the 14.3 percent a year ago to the 12.1 percent today. Lenovo Group Limited (OTCMKTS:LNVGY) (HKG:0992) benefited from Apple Inc. (NASDAQ:AAPL)’s fall with a 85 percent market share increase.

Bonhoeffer Fund July 2022 Performance Update

Screenshot 27Bonhoeffer Fund's performance update for the month ended July 31, 2022. Q2 2022 hedge fund letters, conferences and more The Bonhoeffer Fund returned 3.5% net of fees in July, for a year-to-date return of -15.8%.   Bonhoeffer Fund, LP, is a value-oriented private investment partnership for . . . SORRY! This content is exclusively for Read More

Sa