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Strategy Analytics: Apple Captures Half of All Smartphones Sold During 6.18 Online Shopping Festival in China | Business Wire

News Snapshot:

BOSTON–( BUSINESS WIRE )– According to new research from Strategy Analytics , 14 million units of smartphones were sold during 6.18 online shopping festival in China this year, down -25% YoY. Apple solidified the leadership at the expense of Chinese brands. Xiaomi and Honor follow and rank in the top three list. Linda Sui , Senior Director at Strategy Analytics, said, “COVID-related disruptions and economic headwinds caused the mixed performance. Smartphone online sales price grew to 4,300+ CNY (US$ 660+) this year thanks to the greater mix of higher-priced iPhones, up +13% YoY. However, total smartphone online sales revenue still…

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