Why AAPL Is Climbing Today

Why AAPL Is Climbing Today

Apple (AAPL) is advancing 4% today after a research firm reported that the company’s iPhones were the best-selling smartphone in China last quarter. Earlier this month, another research firm stated that AAPL had dropped to third place in terms of smartphone market share in the Asian country. Dan Niles on Apple (AAPL): Data is ‘Somewhat…

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Alarm bells ring for ‘smartphone king of Africa’ as other Chinese brands chase crown

Alarm bells ring for ‘smartphone king of Africa’ as other Chinese brands chase crown

It is known as the “smartphone king of Africa” and for years has dominated the continent’s mobile phone market. But now, Shenzhen-based Transsion Holdings is facing some stiff competition from rival Chinese brands. Transsion is the company behind phone brands including Tecno, iTel and Infinix, which won over African customers with features such as multi-SIM…

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Apple is losing to Huawei in China. Here's why

Apple is losing to Huawei in China. Here’s why

Since releasing its Mate 60 Pro series last August, Chinese tech giant Huawei has made a comeback in China’s smartphone market, knocking Apple (AAPL) from its pedestal. Huawei and other homegrown smartphone makers have experienced double-digit growth this year, boosting smartphone shipments in China by 8.9% year-over-year in the second quarter, according to the International…

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