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Kuo: Apple Has Opportunity With iPhone XR in China as Chinese Rivals Face 'Lower Than Expected' Demand

8 days ago   |   By Mac Rumors

In a research note obtained by MacRumors, Apple analyst Ming-Chi Kuo said cumulative smartphone shipments from four major brands on the Chinese market, including Huawei, Oppo, Vivo, and Xiaomi, declined 10 percent on a year-over-year basis during China's Golden Week, a national holiday and major sales period.
iPhone XR in RED
Kuo, writing on behalf of research firm TF International Securities, said the estimated 6.5-7 million shipments during Golden Week, which ran October 1-7, were "lower than expected." He called Huawei the "major winner" as the only brand with a year-over-year increase...
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