Apple Inc’s iPhones take top spot in China, beat Xiaomi in smartphone market: Data firm

Apple Inc has shipped the most number of smartphones, Apple iPhone 5, iPhone 5C, iPhone 6, iPhone 6 Plus, in China in the fourth quarter…

Apple Inc’s iPhones take top spot in China, beat Xiaomi in smartphone market: Data firm

Apple Inc has shipped the most number of smartphones, Apple iPhone 5, iPhone 5C, iPhone 6, iPhone 6 Plus, in China in the fourth quarter, overtaking Samsung Electronics Co Ltd and homegrown companies such as Xiaomi for the first time, according to data firm Canalys.

Apple’s iPhone 6 and 6 Plus launched last September have proved to be popular in Asia despite being costlier than most handsets.

“The company is finally riding the large screen and LTE trends in China, which have been vital to its success,” Canalys analysts said.

Also read: After setting iPhone record, what does Apple Inc do next?

Samsung was shunted to the third place, the report said.

Apple captured a record 33 percent market share in South Korea in November, according to Hong Kong-based market research company Counterpoint.

Read more: Apple Inc profit hits record on ‘staggering’ iPhone sales

Apple is slated to report its earnings after markets close on Tuesday.

Get live Share Market updates, Stock Market Quotes, and the latest India News and business news on Financial Express. Download the Financial Express App for the latest finance news.

This article was first uploaded on January twenty-eight, twenty fifteen, at thirty-one minutes past six in the evening.
Market Data
Market Data